Announced Tue, 30 Sept · 16:35 IST

The summary of proceedings of AGM held today 30th September, 2025 at 11:00 a.m.

Board & Shareholder Meetings View source PDF

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AI summary

Garment Mantra Lifestyle Limited held its 14th Annual General Meeting on 30th September 2025 at Swaad Mantra Hotels and Restaurants, Tirupur, from 11:00 a.m. to 3:25 p.m. The meeting was chaired by Mr. Prem Aggarwal, Chairman and Managing Director, with Company Secretary Mrs. Lakshmi Priya K, CFO Mr. Aditya Aggarwal, statutory auditors (M/s NBT & Co), and secretarial auditors (M/s G.V. and Associates) in attendance. Members considered six agenda items, including adoption of the audited standalone and consolidated financial statements for FY ended 31st March 2025, reappointment of Mrs. Shikha Aggarwal Prem (who retires by rotation), appointment of new statutory auditors (M/s Balaji and Thulasiraman), ratification of cost auditor remuneration for FY 2025-26, omnibus approval for related party transactions, and appointment of secretarial auditors for a five-year term. The auditor's report contained no qualifications or adverse remarks, though the secretarial audit had observations explained in the Board's report.

Likely market impact

This is a routine procedural disclosure confirming the AGM was held as scheduled; voting results are awaited within two working days and will determine actual shareholder outcomes. No major corporate action is signalled beyond standard auditor changes and related-party approval, which are typical annual items for retail investors.