Annual General Meeting for the year 2025
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Jagatjit Industries has called its 80th AGM on Friday, 26 September 2025 at 11:00 a.m. via video conferencing, with the share transfer books and register of members closed from 22 September to 26 September 2025. Shareholders will consider adoption of audited financial statements for FY ending 31 March 2025, re-appointment of a retiring director, and ratification of the Cost Auditor's remuneration at ₹75,000. The notice also seeks appointment of M/s Saqib & Associates as Secretarial Auditors for five years and re-appointment of Ms. Vidhi Goel as Independent Director for a second five-year term. The most significant item is a special resolution to raise up to ₹350 Crores through equity shares, convertible securities, QIP, preferential allotment, or private placement, with proceeds earmarked for a new single malt product launch, brand building, geographical expansion, inorganic growth, and debt repayment. Additionally, shareholders will ratify a restructuring of Executive Director Ms. Roshini Sanah Jaiswal's remuneration to ₹20 lakh per month plus accommodation, car, and perks effective 1 April 2025.
The ₹350 Crore fund-raising proposal is the key item—if approved, it may lead to equity dilution depending on the final issuance route and pricing. The book closure window (22–26 September) means no share transfers will be processed during this period, and shareholders must ensure holdings are settled before the cut-off.