Outcome of Board Meeting today i.e. 13.08.2025
PML · price
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Paul Merchants Ltd's board, which met on August 13, 2025, approved convening the 41st Annual General Meeting (AGM) on September 19, 2025 at 12:00 noon via video conferencing. The board recommended the re-appointment of Sh. Sat Paul Bansal as a director liable to retire by rotation; he is the Chairman and father of Managing Director Rajneesh Bansal. Sh. Inder Sain Negi was recommended for re-appointment as Non-Executive Independent Director for a second 5-year term from November 1, 2025 to October 31, 2030. M/s Anil Negi & Company was appointed as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30), and M/s Rajiv Goel & Associates was recommended for re-appointment as Statutory Auditor for a second 5-year term until the 46th AGM in 2030. All appointments are subject to shareholder approval at the upcoming AGM.
This is a routine governance update with no material impact on the stock price; shareholders should watch the September 19, 2025 AGM for approval of the director re-appointments and auditor re-appointments.