BSERama Petrochemicals LtdLowNeutral
Announced Mon, 14 Jul · 19:04 IST

Enclosed Notice of the 39th Annual General Meeting (AGM) of the Company for the Financial Year 2024-2025 along with Explanatory Statement to be held on Wednesday, 06th day of August, 2025 ....

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rama Petrochemicals Ltd has issued the notice for its 39th AGM, scheduled for Wednesday, August 6, 2025 at 3:00 PM, to be held through video conferencing (VC/OAVM). Shareholders will be asked to adopt the audited standalone and consolidated financial statements for the year ended March 31, 2025. Key resolutions include the re-appointment of M/s. Khandelwal & Mehta LLP as Statutory Auditors for a second 5-year term (until the 44th AGM in 2030), re-appointment of Mr. Pankaj Kumar Banerjee as Independent Director for another 5-year term (August 14, 2025 to August 13, 2030), and the appointment of M/s. Ashok Patel & Associates as Secretarial Auditor for FY 2025-26 to FY 2029-30 at a proposed fee of ₹75,000 plus taxes. Mr. Shirish V. Karia will also retire by rotation and seek re-appointment as Non-Executive Director. E-voting via CDSL will be open from August 3 to August 5, 2025, with the cut-off date set as July 30, 2025.

Likely market impact

This is a routine AGM notice covering standard governance matters such as adoption of financial statements and re-appointments of directors and auditors. The continuity in auditor and director appointments signals board stability and should not materially affect the stock price.