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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board has scheduled the 45th Annual General Meeting (AGM) for September 30, 2025 at 11:00 AM at the registered office in Ahmedabad, with the cut-off date for voting eligibility set as September 23, 2025. The company proposes appointing M/s U B G & Company as the new Statutory Auditor for five years (FY 2025-26 to FY 2029-30), replacing M/s V S S B & Associates whose term ends at this AGM; proposed fees are Rs. 3.50 lakh with no material change from the outgoing auditor. M/s Krushang Shah & Associates has been proposed as Secretarial Auditor for the same five-year period at Rs. 1.50 lakh per year. Shareholders will also vote on paying Rs. 6.75 lakh in sitting fees to Independent Director Mr. Krishnan Ramaswamy, which exceeds 50% of total non-executive director remuneration, and on material related party transactions of Rs. 30 crore with Future Infomedia Private Limited (~27.35% of FY25 turnover) and Rs. 10 crore with Allied Business Corporation (~9.12% of FY25 turnover) for FY 2025-26.
Mostly procedural and routine, but shareholders should note the auditor change and the sizeable related party transactions with promoter-linked entities (Future Infomedia and Allied Business Corporation) which together total Rs. 40 crore and need member approval. Investors who want to vote must ensure their shares are recorded by the September 23, 2025 cut-off date, with e-voting open from September 27-29, 2025.