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Patron Exim Ltd has filed its 3rd Annual Report for FY 2024-25 along with the notice for the 3rd Annual General Meeting (AGM), scheduled for Saturday, September 27, 2025 at 4:00 PM via video conferencing. Shareholders will consider adopting the FY25 audited financial statements and the re-appointment of Director Bhumishth Patel (retiring by rotation). Key special business includes appointing Narendrakumar Patel as Managing Director for 5 years (Nov 2024 to Nov 2029) at Rs. 1 lakh per month, approving related party transactions up to Rs. 50 crore cumulatively (representing 202.60% of annual turnover), raising the Section 186 investments/loans limit to Rs. 50 crore, and amending the Main Object Clause to add agricultural products, edible oils, food products, and commodity trading businesses. The company, incorporated in 2022 and listed on BSE (Scrip Code: 543798) and NSE, was formerly known as Patron Exim Private Limited and operates from Ahmedabad, Gujarat.
The resolutions give the company greater operational and financial flexibility, including a new business direction into agri-commodities and food products, but the related party transaction ceiling of Rs. 50 crore (more than double the annual turnover) and a sharp rise in borrowing/investment limits warrant close shareholder scrutiny. Appointment of the founder as Managing Director ensures leadership continuity as the company broadens its business scope.