This is to inform you that the 41st Annual General Meeting of the Company will be held on Tuesday, 16th September 2025 at 01:00 p.m. (IST) through Video Conferencing (VC) / Other Audio ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gratex Industries has informed BSE that its 41st Annual General Meeting will be held on Tuesday, 16th September 2025 at 1:00 PM via video conferencing. The key items on the agenda are: (1) adoption of audited financial statements for FY25, (2) re-appointment of Mr. Baldevkrishan Ramratan Sharma (Chairman, 78 years) who retires by rotation, and (3) a special resolution to re-appoint Mr. Karan Baldevkrishan Sharma as Managing Director for another 3-year term starting 30th July 2026. The company also submitted its FY25 Annual Report. As per disclosures, FY25 total income stood at Rs. 3.75 crore with a modest net profit of Rs. 7.14 lakh, and the paid-up share capital is Rs. 3.03 crore. The book closure period runs from 10th to 16th September 2025, with the e-voting cut-off date set for 9th September 2025.
This is a routine AGM notice but includes a key special resolution — re-appointment of the Managing Director for another 3 years with a proposed salary hike from Rs. 7.03 lakh to up to Rs. 12 lakh per annum. The very thin net profit (Rs. 7.14 lakh on Rs. 3.75 crore revenue) signals a small, growth-stage company where shareholders should watch the MD's performance-linked pay closely. Investors should ensure their demat accounts are updated to vote electronically before the 15th September deadline.