Gulshan Polyols Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2025
GULPOLY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gulshan Polyols has sent out the notice for its 25th AGM to be held on Thursday, September 18, 2025 at 1:00 PM in Muzaffarnagar, UP. Shareholders will vote on adopting FY25 audited financial statements, declaring a dividend of ₹0.30 per equity share (face value ₹1), and re-appointing Ms. Arushi Jain as a director. Other special business includes appointing Mr. Rahul Jain as Independent Director and Ms. Anubha Gupta as Non-Executive Director (effective October 1, 2025), ratifying cost auditor remuneration of ₹85,000, and appointing M/s. TVA & Co. LLP as Secretarial Auditor for five years. Shareholder approval is also sought for paying remuneration to Chairman & MD Dr. Chandra Kumar Jain (₹25 lakh/month), Joint MDs Ms. Arushi Jain and Ms. Aditi Pasari (₹8.64 lakh/month each), and CEO Mr. Ashwani Kumar Vats (₹7.06 lakh/month), along with a framework for non-executive director pay. A key resolution seeks authorisation to raise up to ₹250 Crores via QIP, private placement, or other permissible modes.
Routine AGM agenda for shareholders to vote on. The ₹0.30 dividend offers modest yield. The proposed ₹250 Crore fund raise is the most material item — if approved, it could lead to equity dilution depending on the route (QIP, private placement, etc.) and final pricing. Increased promoter-family and senior management remuneration also requires shareholder approval and may be closely watched.