BSEModern Dairies LtdLowNeutral
Announced Wed, 4 Jun · 17:39 IST

Please find enclosed Intimation of 33rd Annual General Meeting of the Company to be held on Friday, 27th June, 2025 at 11.00 A.M. (IST). Please take the same on records.

Related Party TransactionsBoard & 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

Modern Dairies Limited has announced its 33rd Annual General Meeting to be held on Friday, 27th June 2025 at 11:00 AM through Video Conferencing. The agenda includes adoption of audited financial statements for FY ended 31st March 2025 and reappointment of Mr. Ashwani Kumar Aggarwal as Director. Special business items include ratification of Cost Auditors' remuneration of Rs. 70,000, appointment of M/s Sanger & Associates as Secretarial Auditors for 3 years, approval of material related party transactions with Nabha Commerce Private Limited (up to Rs. 60 Crore/year for 5 years) and Modern Dairyfarms Limited (up to Rs. 55 Crore/year), ratification of past remuneration of Rs. 4.09 crore paid to Chairman & MD and Executive Director, re-appointment of Mr. Krishan Kumar Goyal as Chairman & MD till 2030, appointment of Dr. Surinder Kumar and re-appointment of Prof. Sanjay Kaushik as Independent Directors, and alteration of Articles of Association. E-voting window runs from 24th June (9:00 AM) to 26th June (5:00 PM) with the cut-off date set as 20th June 2025.

Likely market impact

Shareholders should review the multiple related party transaction proposals (Rs. 60 Cr and Rs. 55 Cr limits) and the director remuneration ratification (Rs. 4.09 crore) as these are key voting items. The reappointment of the Chairman & MD and two Independent Directors is largely routine. With e-voting open from 24th-26th June, shareholders have a clear window to cast votes on these resolutions.