Genus Paper & Boards Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2025
GENUSPAPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Genus Paper & Boards Limited held its 14th AGM on September 29, 2025 via video conferencing, and all 10 resolutions were passed with the requisite majority. Key items approved include adoption of FY25 standalone and consolidated financial statements, re-appointment of Mr. Ishwar Chand Agarwal as director (retiring by rotation), and appointment of Mr. Sanjay Kumar Agarwal as Whole Time Director. Other approvals covered ratification of cost auditor remuneration, appointment of secretarial auditors, appointment and re-appointment of Independent Non-Executive Directors, and authorizations for borrowing powers and related party transactions under the Companies Act, 2013. The meeting was presided by Mr. Sanjay Kumar Agarwal in the absence of Chairman Mr. Ishwar Chand Agarwal, who could not attend due to exigencies. Voting results will be declared within two working days based on the scrutinizer's report.
This is a routine procedural filing confirming shareholder approval of standard AGM agenda items, with no direct impact on stock price. The expanded borrowing and related party transaction authorizations, however, give the company greater operational flexibility going forward. Investors should watch for the formal voting results expected within two working days.