This is to inform to the stock exchange that Annual General Meeting of the company will be held on Saturday, 13th September,2025 at 3:00 P.M. (IST)
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Awaiting price reaction for this filing.
Kizi Apparels Limited has called its 3rd Annual General Meeting on Saturday, 13th September 2025 at 3:00 PM via video conferencing. Shareholders will vote on adopting FY25 audited statements showing net profit of ₹85.86 lakh on sales of ₹2,643.31 lakh (up 30.44% YoY), reappointing Ms. Kiran Nathani as Executive Director, and increasing authorized share capital from ₹8 crore to ₹25 crore (2.5 crore equity shares of ₹10 each). They will also approve the appointment of CS Jinang Shah as Secretarial Auditor for 5 years (FY26–FY30) and material related party transactions with Aaika Retail Private Limited — sales up to ₹5,000 lakh and purchases up to ₹1,000 lakh — for FY26. No dividend has been recommended. The company, which listed on the BSE SME platform in August 2024, manufactures and trades women's apparel and has tie-ups with Myntra and AJIO.
The proposed jump in authorized capital (more than tripling it) hints at possible future fundraising or stock splits, which could dilute existing shareholders depending on how the new capacity is used. Large related party transaction limits with a director-linked entity (Aaika Retail) merit close scrutiny at the AGM, as these are sizable relative to the company's annual revenue of about ₹26 crore.