Pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed Annual Report of the Company for the Year 2024-25.
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Pan India Corporation has filed its 41st Annual Report for FY 2024-25 along with the notice for its 41st Annual General Meeting, scheduled for Sunday, August 3, 2025 at 10:30 AM via video conferencing. Key resolutions up for shareholder approval include adoption of the audited financial statements, re-appointment of Managing Director Vijay Pal Shukla (who retires by rotation), and appointment of Pawan Sharma as Non-Executive Director and Chairman effective May 5, 2025. The company also seeks approval to appoint Pritika Nagi & Associates as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30). Additionally, shareholders will vote on a revision in MD Vijay Pal Shukla's remuneration, rising from Rs. 1.35 lakh/month in FY 2025-26 to Rs. 1.70 lakh/month in FY 2027-28, and on increasing the company's borrowing limit to Rs. 100 crore over the next five years.
This is a routine annual compliance filing, but it does flag a proposed significant expansion in borrowing capacity (up to Rs. 100 crore) and a step-up in MD remuneration that shareholders will vote on at the AGM. The resolutions appear procedural and governance-related, with no immediate operational surprises, though the sharp jump in authorised borrowings suggests the company may be planning for higher debt or expansion activity in coming years.