We have attached herewith intimation of Record date for the purpose of Annual General Meeting. Kindly take the same on your record. Thank you.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jay Kailash Namkeen's board approved the FY25 annual accounts and board report, and scheduled its 4th AGM for September 29, 2025, with the record/cut-off date set as September 19, 2025. CEO Rituraj Singh Solanki resigned with immediate effect from September 2, 2025. The board authorized the sale of the existing factory at Kuvadava Road, Rajkot, and the lease of a new factory at R.K. Industrial Zone-2, Kuchiyadad, Rajkot, signalling a manufacturing unit relocation. Authorized share capital was raised from Rs 5 crore to Rs 12.5 crore, paving the way for potential future fundraising. Several board changes were approved: Tulsi Neel Pujara re-appointed as Whole Time Director, Hasmukhrai Bhagdev regularized as Non-Executive Director, and Raghuraj Rupareliya appointed as Additional Independent Director (effective Sept 30, 2025). Statutory auditor K.P. Parekh & Co. and Secretarial Auditor K.P. Ghelani & Associates were re-appointed/appointed for a 5-year term (FY26–FY30).
Shareholders should note the sudden CEO exit and the factory sale-cum-relocation plan, which could bring short-term operational uncertainty but may also signal capacity expansion. The 150% jump in authorized share capital hints at a possible equity raise in the near future, which could dilute existing holders. Investors with shares as of September 19, 2025 are eligible to vote at the AGM on September 29, 2025.