Notice of 41st Annual General Meeting of the Company
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Paul Merchants Limited (BSE Scrip Code: 539113) has notified the convening of its 41st Annual General Meeting on Friday, September 19, 2025 at 12:00 Noon, to be held entirely through Video Conferencing (VC) / OAVM. Shareholders will consider adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025. Key resolutions include the re-appointment of Sh. Sat Paul Bansal (aged 78+) as Non-Executive Non-Independent Director and Chairman, re-appointment of M/s Rajiv Goel & Associates as Statutory Auditors for a second 5-year term until the 46th AGM (2030) at Rs. 3 lakh per annum plus GST, and re-appointment of Mr. Inder Sain Negi as Independent Director for a second term from November 1, 2025 to October 31, 2030. Additionally, M/s Anil Negi & Company has been proposed as Secretarial Auditor for five consecutive years (FY 2025-26 to FY 2029-30) at Rs. 35,000 per annum plus GST. Remote e-voting opens on September 16, 2025 and closes on September 18, 2025, with the cut-off date set as September 12, 2025.
This is a routine procedural AGM notice. The director re-appointments and auditor re-appointments are governance matters requiring shareholder approval and are not expected to materially affect the stock price. The company has noted that all shares are held in demat form and reported only Rs. 2,218 in unclaimed dividends for 33 shareholders.