JHS Svendgaard Retail Ventures Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 25, 2025
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JHS Svendgaard Retail Ventures Limited held its 18th AGM on September 25, 2025 via video conferencing, running from 1:00 PM to 1:30 PM, with 71 members in attendance. Chairman and Managing Director Nikhil Nanda chaired the meeting, with all four directors including the CFO and Company Secretary present. Five resolutions were put to vote: adoption of audited standalone financial statements for FY ended March 31, 2025, re-appointment of Mr. Nikhil Nanda as a director retiring by rotation, appointment of secretarial auditors, regularization of Dr. Deepali Bhardwaj as Independent Director, and an increase in the company's borrowing limits under Section 180(1)(c) of the Companies Act, 2013. Both the Statutory Auditor's Report and the Secretarial Audit Report for FY 2024-25 were noted as having no qualifications. Voting results through remote e-voting and e-voting at the AGM will be announced and filed with BSE and NSE separately.
For shareholders, this is largely a procedural update with no immediate price-moving news, though the proposal to raise borrowing limits signals potential future debt-funded expansion or refinancing capacity. Clean audit reports for FY 2024-25 are a positive governance signal.