Proceedings of AGM held on 26th September, 2025
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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.
Minal Industries Limited held its 37th AGM on 26th September 2025 via video conferencing, attended by 68 members. The meeting was chaired by Managing Director Shrikant Parikh and concluded in just 13 minutes (11:00 AM to 11:13 AM). Eight resolutions were put to vote, including adoption of standalone and consolidated financial statements for FY ended March 31, 2025, re-appointment of Director Divyanshu Navlakha (retiring by rotation), and approval of material related party transactions with Minal Infojewels Limited, Selection Inc (USA), and RSBL Jewels Partnership Firm. While the statutory auditors' report had no qualifications, the secretarial audit report contained qualifications that were addressed in the Directors' Report. All directors attended except Ajay Jormal Mehta.
Routine AGM proceedings with no major red flags for shareholders. The multiple related party transactions (especially with Minal Infojewels and overseas entity Selection Inc USA) may be worth monitoring, as they indicate significant inter-group business activity. Voting results are expected within 2 working days.