BSEDeep Polymers LtdLowNeutral
Announced Tue, 2 Sept · 22:53 IST

20th AGM to be held on 24.09.2025.

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Deep Polymers Ltd has informed BSE that its 20th Annual General Meeting will be held on Wednesday, 24th September 2025 at 3:00 PM via video conferencing (VC/OAVM). The cut-off date for e-voting eligibility is 17th September 2025, with remote e-voting open from 20th September (9:00 AM) to 23rd September (5:00 PM). The AGM will consider adoption of audited standalone and consolidated financial statements for FY 2024-25, re-appointment of Ashaben Patel (Executive Director, retiring by rotation), regularization of Aryan Rameshbhai Patel (19-year-old son of MD Rameshbhai Patel) as Non-Executive Director, and appointment of M/s. Utkarsh Shah & Co. as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). The Board has decided not to recommend any dividend for FY 2024-25.

Likely market impact

Shareholders should note this is a routine AGM notice — no major corporate action. However, FY 2024-25 financials show revenue declining ~6.7% to ₹98.17 crore and profit after tax falling ~27% to ₹5.20 crore, attributed to raw material price fluctuations, and no dividend has been declared. The appointment of the MD's son as a director points to family succession in the promoter group.