BSEGarware Synthetics LtdMediumNeutral
Announced Fri, 5 Sept · 14:50 IST

Submission of Intimation of 56th Annual General meeting to be held on 29th September, 2025.

Promoter Family Board EntryManagement Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Garware Synthetics Ltd has announced its 56th AGM to be held on Monday, 29th September 2025 at 11:00 AM via video conferencing. Key agenda items include adoption of audited financial statements for FY ending March 31, 2025 and re-appointment of director Deepak Kamble who retires by rotation. Mr. Nihal Chandrakant Garware (DIN: 02708438), who holds 22,74,682 shares in the company, is being appointed as Chairman, Non-Executive Non-Independent Director for a 5-year term (July 1, 2025 to June 30, 2030) with a monthly remuneration of ₹1 lakh (₹12 lakh annually). Mr. Suhas Ganpule of M/s SG & Associates is proposed as Secretarial Auditor for a 5-year term, and Mrs. Shital Kamble is being appointed as Independent Director for 5 years. E-voting will be available through CDSL from September 26-28, 2025.

Likely market impact

This is a routine AGM notice with no surprise items. The formal appointment of Nihal Garware as Chairman reinforces promoter family control over the company. None of the resolutions are likely to materially affect minority shareholders or the stock price.