Notice of Annual General Meeting
Awaiting price reaction for this filing.
Mahaalaxmi Texpro Limited has issued notice for its 32nd AGM scheduled on Tuesday, 30 September 2025 at 11:00 a.m., to be held via Video Conferencing / OAVM without physical presence of members. The ordinary business includes adoption of audited financial statements for FY ended 31 March 2025 and re-appointment of Mr. Deepak Chaganlal Choudhari (DIN 03175105), Executive Director, who retires by rotation. Under special business, shareholders will be asked to approve the appointment of M/s. Shrenik Nagaonkar & Associates, Company Secretaries, as Secretarial Auditors for a five-year term covering FY 2025-26 to FY 2029-30, with first-year audit fees fixed at ₹1,00,000 plus GST. The notice also confirms no dividend has been declared, so there is nothing pending to be transferred to the Investor Education and Protection Fund. Remote e-voting will be open from 27 September (9:00 a.m.) to 29 September (5:00 p.m.) 2025, with the cut-off date set as 22 September 2025.
This is a routine AGM notice with no major surprises for shareholders. The director up for re-appointment is the existing Executive Director and holds no shares in the company. The five-year appointment of a new secretarial auditor is a regulatory compliance matter and unlikely to impact stock price. The absence of any dividend announcement continues a long-standing pattern of no payouts to shareholders.