Medico Remedies Limited has informed the Exchange regarding Notice of undefined to be held on September 08, 2025
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Medico Remedies Limited has filed its Annual Report for FY 2024-25 along with the notice for its 31st Annual General Meeting (AGM) to be held on Monday, 8th September, 2025 at 4:00 PM via video conferencing. The AGM will consider adoption of FY25 financial statements and seven resolutions including appointment of new statutory auditors M/s. Shah Shroff & Associates (replacing V.J. Shah & Co, which completed two 5-year terms) at a fee of Rs. 3 lakh for FY26, and appointment of Ms. Shreya Shah as Secretarial Auditor for five years at Rs. 80,000 for FY26. Key managerial resolutions include re-appointment of Mr. Harshit Mehta as Managing Director for three years (basic salary Rs. 3–6 lakh per month), continuation of Chairman Mr. Haresh Mehta beyond age 70 until September 2026, and appointment of Mr. Maheshkumar Darji as Executive Director for three years with salary up to Rs. 24 lakh per annum. Remote e-voting runs from 5 September to 7 September 2025, with the cut-off date of 31 August 2025 and the member register closed from 2 to 8 September 2025.
Routine AGM-related disclosure with no immediate material impact on shareholders. Shareholders should note the auditor change (new statutory and secretarial auditors) and the re-appointments of senior directors, which are standard governance items requiring their vote at the AGM on 8 September 2025.