Notice of 37th Annual General Meeting of the Company to be held on 26th September, 2025
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Minal Industries Limited has announced its 37th Annual General Meeting to be held on Friday, 26th September 2025 at 11:00 AM via video conferencing. The AGM will consider adopting the audited standalone and consolidated financial statements for FY 2024-25, along with re-appointing Mr. Divyanshu Navlakha as a director liable to retire by rotation. Shareholders will be asked to approve several material related party transactions: loans and sale of goods/services with Minal Infojewels Limited (up to Rs. 25 crore each for FY 2026-27), transactions with Selection Inc USA (up to Rs. 10 crore for FY 2026-27), and transactions with M/S RSBL Jewels Partnership Firm (up to Rs. 5 crore for FY 2026-27). The meeting will also approve the appointment of M/s. HSPN & Associates LLP as Secretarial Auditors for a five-year term until the 42nd AGM in 2030. Remote e-voting runs from 23rd to 25th September 2025, with a cut-off date of 19th September 2025 for voting eligibility.
This is a routine AGM notice, but investors should note the cumulative scale of related party transactions being approved (up to Rs. 65 crore across three related parties) and review them carefully. The director re-appointment and auditor appointment are standard governance items with no immediate price impact expected.