This is to inform you that the 29th Annual General Meeting (''AGM'') of the Members of the Company was held on Saturday, 20th day of September, 2025 at 12:30 P.M. through video conferencing ....
KIRANVYPAR · price
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Kiran Vyapar Limited held its 29th AGM on Saturday, September 20, 2025, at 12:30 PM via video conferencing, with a record date of September 13, 2025. A total of 5,652 shareholders were on record, and 10 resolutions were put to vote, all of which were passed with overwhelming approval of approximately 99.9999% in favour. Key resolutions included adoption of audited financial statements for FY25, declaration of dividend on equity shares, re-appointment of Mr. Amit Mehta as Director, appointment of M/s. MR & Associates as Secretarial Auditors for 5 years, and appointment of Mr. Lakshmi Niwas Bangur as Managing Director. Special resolutions approved payment of commission to Non-Executive Directors and increases in borrowing and lending limits under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013. Two ordinary resolutions approved material related party transactions with group companies and with subsidiary Shree Krishna Agency Limited, with promoter votes excluded as per SEBI Regulation 23.
All 10 resolutions received near-unanimous shareholder approval, indicating strong confidence from investors. Shareholders will receive the declared dividend, and the company has secured flexibility to raise additional borrowings and undertake related-party transactions, which could support future growth or capital needs.