Outcome of 38th Annual General Meeting of the Company
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Dhanalaxmi Roto Spinners held its 38th AGM on 19 September 2025 via video conferencing, where shareholders approved several key items. Members cleared a 15% dividend of Rs. 1.50 per equity share. They also approved related party transactions, re-appointed Mr. Narayan Inani as Managing Director, and Mr. Anirudh Inani and Mr. Keshav Inani as Whole-Time Directors. M/s. Baheti Gupta & Co was appointed as the new Secretarial Auditor. Notably, shareholders approved an amendment to the main objects of the Memorandum of Association, expanding the company's permitted business into real estate, construction, property leasing, and renewable energy (solar power projects and modules).
The 15% dividend (Rs. 1.50/share) is a direct cash benefit for shareholders. More significantly, the MoA amendment signals a strategic diversification beyond textile spinning into real estate and solar energy, which could reshape the company's future revenue mix and investor perception.