BSEMeyer Apparel LtdLowNeutral
Announced Thu, 22 May · 15:44 IST

Submission of Notice of 32nd Annual General Meeting and Annual Report for the financial year 2024-2025

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Meyer Apparel Limited has filed the notice for its 32nd AGM along with the Annual Report for FY 2024-25. The AGM will be held on Friday, 13th June 2025 at 12:30 PM via video conferencing. The cut-off date to determine shareholder eligibility for e-voting is 6th June 2025, and remote e-voting will run from 9th June (9 AM) to 12th June (5 PM) through NSDL. Shareholders will vote on 8 items including adoption of accounts, re-appointment of Mr. Pawan Kakra as Non-Executive Director, re-appointment of Mr. Gajender Kumar Sharma as Whole-Time Director & CFO, appointment of Ms. Hemlata Gupta as Independent Director for 5 years, and appointment of M/s Lalit Singhal & Associates as Secretarial Auditor for FY 2025-26 to 2029-30 at Rs. 40,000 per annum. The company is also seeking approval to raise its borrowing limit to Rs. 1 crore and authorise related party transactions up to Rs. 1 crore per year, though it currently has no borrowings on its books per the FY 2024-25 audited results.

Likely market impact

Shareholders holding shares as of 6th June 2025 can vote on key resolutions including director appointments and enhanced borrowing/related party transaction limits. The borrowing limit increase is modest (Rs. 1 crore) and the company has no existing debt, suggesting this is precautionary rather than indicating immediate capital raise plans. No material business or financial surprises are indicated; this is largely a routine compliance filing ahead of the AGM.