Notice of 64th Annual General Meeting schedule to be held on 25.09.2025 at 11.00 AM and Annual Report for the FY ended 31.03.2025 and Closure of Register of Members and Share Transfer Books.
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Orient Beverages Ltd (BSE: 507690, also listed on Calcutta Stock Exchange) has called its 64th AGM for Thursday, 25 September 2025 at 11:00 AM, to be held via video conferencing. Key agenda items include adoption of audited standalone and consolidated financials for FY ended 31 March 2025, re-appointment of Chairman Narendra Kumar Poddar (retiring by rotation), and special resolutions to re-appoint the Chairman, Managing Director Akshat Poddar, and Executive Director Ballabha Das Mundhra for fresh 5-year terms (April 2025 to March 2030) with 3-year remuneration packages. Shareholders will also vote on approving employment of two relatives of the promoter family (Ruchira Poddar as Senior Executive and Avni Kandoi as President, each at ₹2.5 lakh/month), an amendment to the MOA allowing consultancy services, raising the borrowing limit to ₹150 crore outstanding, and a ₹10 crore loan/guarantee to related party Satyanarayan Rice Mill Pvt Ltd. The Board has NOT recommended any dividend for FY 2024-25. Register of Members and Share Transfer Books will be closed from 19–25 September 2025, with the e-voting cut-off date set as 18 September 2025 and remote e-voting window from 22–24 September 2025.
Routine AGM notice, but shareholders should watch the special resolutions closely — particularly the expanded ₹150 crore borrowing authority and the related-party appointments and loan to Satyanarayan Rice Mill. The absence of a dividend for FY25 may disappoint income-focused investors.