Nahar Poly Films Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2025
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Nahar Poly Films has notified the stock exchanges about its 37th Annual General Meeting (AGM) scheduled for Thursday, September 25, 2025, at 11:30 AM, to be held via Video Conferencing. Key business items include adoption of standalone and consolidated financial statements for FY25, declaration of a dividend of Rs. 1.00 per equity share (face value Rs. 5), and re-appointment of directors Mr. Jawahar Lal Oswal and Mr. Dinesh Oswal (both by rotation). Special business includes ratifying the cost auditor's remuneration of Rs. 55,000, re-appointing Mr. Satish Kumar Sharma as Executive Director for three years (August 2026 to July 2029) with a monthly salary of Rs. 1,18,500 plus allowances, and seeking shareholder approval to raise the company's borrowing limit to Rs. 1,000 Crores along with corresponding power to create charges on company assets. The company also proposes to appoint M/s. P.S. Bathla & Associates as Secretarial Auditor for five years (FY26 to FY30). The record date for dividend eligibility is September 18, 2025, with the register of members closed from September 6 to September 10, 2025.
Shareholders on record as of September 18, 2025 will be eligible for the Rs. 1.00 per share dividend. The proposed increase in borrowing limit to Rs. 1,000 Crores signals potential expansion or refinancing plans, while director re-appointments and the new secretarial auditor appointment are routine governance items requiring shareholder approval.