Notice of the 34th Annual General Meeting to be held on 27th December, 2025
Awaiting price reaction for this filing.
Neogem India Limited (BSE: 526195), a gems and jewellery company based in SEEPZ, Mumbai, has issued notice for its 34th AGM on Saturday, 27th December 2025 at 9:30 a.m. at Hotel Suncity Premiere, Andheri (East), Mumbai. The AGM will consider adopting the FY25 audited financial statements and re-appointing Mr. Gaurav Doshi (DIN: 00166703) as Managing Director for 5 years w.e.f. 1st April 2025 and Mr. Ronak Doshi (DIN: 00102959) as Whole-time Director for 5 years on the same date. It will also approve the appointment of Mrs. Manisha Sanjay Jangli (DIN: 11380488) as Non-Executive Independent Director for 5 years till 16th November 2030. A notable governance point: the company states the Nomination & Remuneration Committee (NRC) is not duly constituted, and no remuneration has been recommended yet for the Managing Director and Whole-time Director. The e-voting window runs from 24th to 26th December 2025 with a cut-off date of 20th December 2025.
This is a routine AGM notice, but the re-appointments consolidate the promoter Doshi family's hold on top management roles. Shareholders should pay attention to the disclosure that the NRC is not properly constituted and that remuneration for MD/WTD remains undefined, which is a governance red flag worth raising questions on.