Intimation of 62nd Annual General Meeting to be held on May 29, 2026 alongwith the Notice to Shareholders and Annual Report for FY 22-23
Awaiting price reaction for this filing.
Futura Polyesters Limited has announced its 62nd Annual General Meeting scheduled for May 29, 2026 at 12:45 PM IST via Video Conferencing. The meeting covers adoption of audited financial statements for FY 2022-23 and two special business items: re-appointment of Mr. Shyam B. Ghia as Managing Director and Mr. Mukund Dharamdas Dalal as Joint Managing Director, both for 5-year terms from April 3, 2024 to April 2, 2029. Remote e-voting will be available from May 26-28, 2026. Cut-off date for voting eligibility is May 22, 2026. This appears to be a significantly delayed AGM for FY 2022-23.
Shareholders should note this is a delayed AGM for FY 2022-23 being held in 2026. The re-appointment resolutions for both key executives require special resolution approval. Investors should review the remuneration terms including performance bonuses, stock options, and perquisites before voting.