Kindly be informed that 46th Annal General Meeting (AGM) of the Company was held today i.e. Wednesday, 17th September, 2025 at 11:30 AM through Video Conferencing (VC)/Other Audio Visual ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ludlow Jute & Specialities held its 46th AGM on 17 September 2025 via video conferencing, from 11:30 AM to 12:40 PM. Seven resolutions were put to shareholders, including adoption of FY2024-25 audited financial statements, re-appointment of Mr. Sanjay Kumar Agarwal as director, remuneration of cost auditors M/s SPK Associates, approval of a related party transaction, and appointment of Mr. Sachin Kumar as secretarial auditor. Two special resolutions were tabled — one to increase the company's borrowing limit under Section 180(1)(c) and another to allow creation of mortgage or charge on the company's assets. The statutory and secretarial auditor reports for FY2024-25 contained no qualifications, adverse remarks, or reservations. Around 15 pre-registered shareholders spoke, and the Managing Director responded to their queries. Voting was conducted via NSDL's e-voting platform, and the scrutinizer's consolidated report is expected within two working days.
The two special resolutions seeking higher borrowing limits and permission to pledge company assets signal that Ludlow Jute may be preparing to raise more debt, likely for working capital or capacity needs — something shareholders should watch. The clean audit report is a positive sign on governance and financial reporting. Voting results on the borrowing and related-party resolutions will be the next trigger for the stock.