Notice of AGM
Awaiting price reaction for this filing.
Rishab Special Yarns Ltd has notified the BSE about its 37th AGM scheduled for Monday, September 8, 2025 at 10:00 AM at Shivam Party Hall, Borivali West, Mumbai. The agenda includes adopting the audited financial statements for FY 2024-25, re-appointing M/s Bhatter & Associates as statutory auditors, and re-appointing Mr. Anuj Kumar Singh as Director (retiring by rotation). Special business items include regularising Mr. Goutam Kumar Bhakat as Independent Director for a 5-year term, appointing Mr. Ganesh Yadav as Managing Director for 5 years, and appointing Mr. Anuj Kumar Singh as Chief Financial Officer. Two special resolutions seek shareholder approval to enhance the company's borrowing limit and investment/loan/guarantee limit to Rs. 50 crores each. The Annual Report along with the Business Responsibility and Sustainability Report is being circulated only through electronic mode to shareholders whose email IDs are registered.
The AGM items are largely routine, but the proposal to raise borrowing and investment limits to Rs. 50 crores each signals the company may be planning expansion or increased financial activity going forward. E-voting window runs from September 5 to September 7, 2025; shareholders should ensure their email IDs and demat details are updated to participate.