Shareholders Meeting- 31st Annual General Meeting on 30th September, 2025
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Tavernier Resources Limited has called its 31st Annual General Meeting on Tuesday, 30th September 2025 at 3:00 PM, to be held via video conferencing. Key items on the agenda include adoption of FY25 audited financials, re-appointment of Whole-Time Director Ms. Mokshaben Ravjibhai Patel (who retires by rotation), and appointment of M/s. H.S. Jani & Associates as new Statutory Auditors for a five-year term at Rs. 65,000 per annum. The company is also seeking shareholder approval to raise its authorised share capital from Rs. 7 crore to Rs. 8 crore (adding 10 lakh equity shares of Rs. 10 each) and to amend its main object clause to add film production, distribution, and related media businesses. For FY25, the company reported total income of Rs. 293.65 lakhs and a profit after tax of Rs. 266.35 lakhs, a sharp turnaround from a Rs. 29.75 lakh loss in FY24, though revenue from operations fell from Rs. 142.31 lakhs to Rs. 25.95 lakhs.
The AGM is routine but includes significant changes: a Rs. 1 crore increase in authorised share capital (creating room for future fundraising or dilution), a shift in business scope into film and media production, and a change in statutory auditors. The FY25 profit turnaround is driven mostly by a jump in 'other income' rather than core operations, which shareholders should note. Voting and remote e-voting are open from 27th to 29th September 2025.