PROCEEDINGS OF THE 29TH ANNUAL GENERAL MEETING OF KIRAN VYAPAR LIMITED (''COMPANY'') IN TERMS OF REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.
KIRANVYPAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kiran Vyapar Limited held its 29th AGM on September 20, 2025, at 12:30 PM via video conferencing, chaired by Mr. Lakshmi Niwas Bangur. The meeting concluded in about 32 minutes, with both the Statutory Auditor (V. Singhi & Associates) and Secretarial Auditor (Vinod Kothari & Co.) giving clean reports with no qualifications. Ordinary business items included approval of FY25 audited financial statements (standalone and consolidated), declaration of a dividend on equity shares, and re-appointment of Mr. Amit Mehta as a director liable to retire by rotation. Special business covered the appointment of MR & Associates as Secretarial Auditors for 5 years, elevation of Mr. Lakshmi Niwas Bangur to Managing Director, payment of commission to Non-Executive Directors, an increase in the company's borrowing and asset-related limits, and approval of material related party transactions with group companies and its subsidiary Shree Krishna Agency Limited. Detailed voting results are awaited and will be filed with the stock exchange once received from the Scrutinizer.
The elevation of the Chairman, Mr. Lakshmi Niwas Bangur, to Managing Director centralises control in the promoter family, which is worth tracking for governance. The proposed increase in borrowing limits and large related-party transactions with group companies and the subsidiary signal potentially higher inter-group fund flows and leverage, so shareholders should watch the final voting outcomes and any subsequent debt-raising announcements closely.