Goyal Aluminiums Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 22, 2025
GOYALALUM · price
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Goyal Aluminiums Limited has submitted the Notice of its 9th Annual General Meeting to be held on Monday, September 22, 2025 at 3:00 PM via video conferencing, along with the Annual Report for FY 2024-25. The AGM agenda includes adoption of audited financial statements, re-appointment of a director retiring by rotation, appointment of CS Nitin Bhardwaj as Secretarial Auditor for a first term of five years (FY 2025-26 to FY 2029-30), and ratification of Cost Auditor remuneration of ₹50,000 for FY 2025-26. Members will also vote on approving material related party transaction limits of ₹20 crore each (for 3 years from October 1, 2025) with four related parties: Goyal Rubbers, Gayatri Rubbers and Chemicals Limited, ARG Enterprises, and TCS Sales India. Additionally, shareholders' approval is sought for advancing loans/giving guarantees up to ₹15 crore under Section 185/186, and for revising the remuneration of Managing Director & CFO Mr. Sandeep Goyal to ₹15 lakh per annum salary plus up to ₹3 lakh in other benefits, effective October 1, 2025.
The meeting is procedural with several standard resolutions. The four large related party transaction approvals (₹20 crore each) and the MD remuneration revision are the most notable items for shareholders to review, as they indicate significant inter-group dealings and promoter compensation. The e-voting window is September 19-21, 2025, with cut-off date of September 16, 2025. No immediate impact on share price is expected unless shareholders raise objections to the RPT scale.