Jyoti CNC Automation Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 18, 2025
JYOTICNC · price
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Jyoti CNC Automation has sent out the notice for its 34th Annual General Meeting scheduled for Thursday, September 18, 2025 at 12:00 noon at its Rajkot facility. The AGM will seek shareholder approval to adopt audited standalone and consolidated financial statements for FY ended March 31, 2025, and to reappoint Mr. Sahdevsinh L. Jadeja (Whole-Time Director, DIN 00126392) who retires by rotation. Special business includes appointing M/s. N.S. Dave & Associates as Secretarial Auditor for five years (FY 2025-26 to 2029-30), ratifying ₹70,000 remuneration for Cost Auditor M/s. Mitesh Suvagiya & Co, and a special resolution to raise the Board's borrowing security limit from ₹1,000 crore to ₹1,500 crore. Remote e-voting runs from September 15 to September 17, 2025, with cut-off date of September 11, 2025. The company highlighted FY25 consolidated revenue of ₹1,818 crore (up 36% YoY) and an order book of ₹4,346 crore as context for the borrowing limit hike.
The AGM notice is largely routine, but the proposed increase in the borrowing-security limit to ₹1,500 crore signals that the company may raise more debt to fund expansion and support its subsidiary Huron Graffenstanden SAS. The strong 36% revenue growth and ₹4,346 crore order book are positive signals, though the increased debt headroom is a factor shareholders should weigh.