Notice of the 51st Annual General Meeting of the Company scheduled to be held on Thursday, 18th September 2025
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GG Automotive Gears Limited (BSE: 531399) has issued the notice for its 51st Annual General Meeting to be held on Thursday, September 18, 2025 at 11:00 a.m. through Video Conferencing/OAVM. Ordinary business includes adoption of audited financial statements for FY 2024-25 and re-appointment of Mr. Pravin Kumar Shishodiya as director retiring by rotation. Special business seeks shareholder approval to (i) re-appoint Mr. Anmol Gajra as Whole-Time Director for 3 years (June 1, 2026 to May 31, 2029) with remuneration up to Rs. 168 Lakhs, (ii) appoint Mr. Shriram Mishra as Independent Director for 5 years from August 22, 2025, and (iii) appoint M/s HSPN & Associates LLP as Secretarial Auditor for 5 years through the 56th AGM (FY 2025-26 to FY 2029-30). The annual report highlights FY25 total income of Rs. 114.32 crores (up 20% YoY), operating income of Rs. 13.39 crores (up 56%), PAT of Rs. 775 lakhs, EBITDA margin of 15.52%, ROCE of 19.62%, and EPS of Rs. 8.54. Remote e-voting window runs from September 15-17, 2025, with cut-off date of September 11, 2025. Board changes include Ms. Ruchi Sogani's resignation and Mr. Shriram Mishra's appointment as Additional Independent Director, both effective August 22, 2025.
Routine AGM proceedings with a strong FY25 performance (revenue up 20%, PAT more than doubling to Rs. 7.75 cr) and standard director re-appointments. Net positive for shareholders given the growth trajectory, though the WTD remuneration of up to Rs. 168 lakhs is a notable outgoing to monitor.