Please find attached Proceeding of Annual General Meeting held on 30th September, 2025
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National General Industries Ltd held its 39th Annual General Meeting on 30th September 2025 at 1:30 PM via Video Conference, chaired by Managing Director Mr. Pawan Kumar Modi. Out of 2,418 shareholders on record (as of 23rd September 2025), only 20 attended the meeting (2 promoters and 18 public shareholders), reflecting very low participation. Five resolutions were tabled: adoption of FY2024-25 audited financial statements, re-appointment of Mr. Vasu Modi (director retiring by rotation), re-appointment of Mr. Pawan Kumar Modi as Managing Director for the period 4th July 2025 to 30th September 2027 at existing remuneration, appointment of Secretarial Auditors, and approval for Mr. Manhar Modi (Non-Executive Director) to hold an office or place of profit. Remote e-voting was conducted from 26th to 29th September 2025 via CDSL, and voting results are awaited within 2 working days.
The meeting was largely procedural with routine approvals. The re-appointment of the Managing Director and the related-party item involving another family director (Manhar Modi) are noteworthy for shareholders to monitor. E-voting results, expected within 2 working days, will confirm whether all resolutions passed. Low shareholder attendance is not unusual for small-cap AGMs but signals limited retail engagement.