BSEIndokem LtdLowNeutral
Announced Fri, 22 Aug · 16:56 IST

Notice is hereby given that the 59th Annual General Meeting of the Company will be held on Thursday, 25th September, 2025 at 02.00 p.m. (IST) through Video conferencing/ other audio visual ....

Board & Shareholder Meetings 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

Indokem Limited will hold its 59th AGM on Thursday, September 25, 2025, at 2:00 p.m. IST via video conferencing. The agenda includes adopting the audited standalone and consolidated financial statements for FY 2024-25, re-appointing Mrs. Asha Mahendra Khatau as a director (retire by rotation), and re-appointing Mr. Rahul Singh as an Independent Director for a second 5-year term ending September 28, 2030. Shareholders will also be asked to approve the appointment of M/s. Mayur More & Associates as Secretarial Auditors for five years (FY 2025-26 to FY 2029-30) and ratify the remuneration of Rs. 1,40,000 for Cost Auditors M/s. Y.S. Gokhale & Associates for FY 2025-26. Three separate resolutions seek approval for material related party transactions in FY 2025-26 with Orchard Acres (up to Rs. 41 crore), Texcare Middle East LLC (up to Rs. 30 crore), and Indokem Bangladesh Pvt. Ltd. (up to Rs. 22.50 crore). The e-voting window is September 22-24, 2025, with a cut-off date of September 18, 2025, and the share transfer books will be closed from September 19-25, 2025.

Likely market impact

This is a routine AGM notice with no material new corporate action, though shareholders should review the related party transaction limits (totaling up to ~Rs. 93.5 crore) and the director re-appointments before voting. The filing itself is procedural and unlikely to move the stock price.