We are hereby submitting the Notice of AGM to be held on 19th June, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Photoquip India Ltd has called its 34th AGM on 19th June 2026 to consider adoption of FY 2025-26 audited financials and 11 agenda items. Key items include re-appointment of Pulin Dhaval Soni as director retiring by rotation, regularization of Ms. Chaitali Sunil Oza and Mr. Umang Pradip Gala as directors, and re-appointment of MD Mr. Dhaval Jayant Soni as Whole Time Director for 5 years. The company is seeking shareholder approval via special resolutions to increase loan/investment limits to Rs. 100 Crores, borrowing limits to Rs. 100 Crores, and related party transaction limits to Rs. 100 Crores for FY 2026-29. Additionally, approval is sought to dispose of the Lloyds Estate property at Antop Hill, Mumbai. The Board has seen changes with Mr. Atul Maheshwari's resignation in October 2025 and Mrs. Parvin Dumasia's independent director term expiring at this AGM. The Company Secretary position saw 3 changes in one year.
Multiple special resolutions seeking Rs. 100 Crores limits for loans, borrowings, investments, and related party transactions signal potential expansion plans but increase financial risk exposure. Regularization of new directors and expiry of independent director term indicates board restructuring. Shareholders should carefully evaluate the expanded financial powers being requested.