Manomay Tex India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 17, 2025 Notice for 16th Annual General Meeting.
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Manomay Tex India Limited has called its 16th Annual General Meeting on Wednesday, September 17, 2025 at 1:00 PM, to be held at the registered office in Bhilwara, Rajasthan, with remote e-voting via NSDL open from September 14 to September 16, 2025. Shareholders will vote on adopting the FY2024-25 audited financial statements and re-appointing four family-member directors — Mr. Kailashchandra Laddha (Chairman), Mr. Yogesh Laddha (Managing Director), Mr. Kamlesh Laddha and Mrs. Pallavi Laddha (Whole-Time Directors) — each for a 3-year term from January 16, 2026 to January 15, 2029. Special resolutions seek shareholder approval to pay these directors remuneration exceeding 2.5% of net profit and Rs. 5 crore per director (and over 5% in aggregate), payable even in years of loss or inadequate profit. Other items include ratification of Cost Auditor remuneration of Rs. 15,000 plus GST, approval for material related party transactions, and appointment of M/s Avinash Nolkha & Associates as Secretarial Auditor for a 5-year term from FY2025-26 to FY2029-30.
This is largely a procedural AGM notice, but retail investors should note the heavy concentration of management in the promoter Laddha family and the special resolutions seeking approval for high director pay thresholds plus broad related-party transaction powers — both items that could draw governance-focused investor attention. The re-appointment and auditor items are routine and unlikely to move the stock on their own.