ELIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Elin Electronics Limited held its 43rd Annual General Meeting on August 30, 2025, via video conferencing, with 64 members present. All 8 resolutions were approved, including adoption of FY25 standalone and consolidated financial statements (100% in favor), re-appointment of three promoter directors — Sumit Sethia (97.85%), Kamal Sethia (99.98%), and Sanjeev Sethia (99.99%) — and appointment of M/s P.P. Agarwal & Co as Secretarial Auditor for a 5-year term (FY2025-26 to FY2029-30). Each of the three executive directors will receive a monthly salary of ₹7 lakh, with total remuneration capped at ₹8 lakh per month (₹96 lakh per year). The meeting was chaired by Managing Director Kamal Sethia since Chairman Mangilall Sethia was absent due to health reasons, and Executive Director Sumit Sethia was also absent for personal reasons.
Routine AGM outcome with near-unanimous shareholder approvals, indicating no significant dissent or governance concerns. The re-appointment of promoter-family directors ensures management continuity for the next 5 years, which may appeal to investors looking for stable leadership.