Announced Tue, 26 May · 15:40 IST

PIL ITALICA LIFESTYLE LIMITED has informed the Exchange about Shareholders meeting

Board & Shareholder Meetings View source PDF

PILITA · price

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AI summary

PIL Italica Lifestyle Limited has announced its 34th Annual General Meeting scheduled for June 19, 2026 at 11:00 AM, to be conducted via video conferencing and at the company's registered office in Udaipur. The meeting will consider adoption of FY2025-26 financial statements and three key director reappointments as special business. The company reported total revenue of Rs 10,870.35 lakhs and profit after tax of Rs 449.36 lakhs for FY2025-26. Shareholders can vote electronically from June 16-18, 2026, with record date June 12, 2026. Book closure is from June 13-19, 2026. Three director reappointments are proposed: Mr. Narendra Bhanawat as Whole-time Director (Rs 35,645-60,000/month), Mr. Daud Ali as Managing Director (Rs 3,20,000-8,00,000/month), and Mr. Himanshu Gupta as Independent Director for a second 5-year term.

Likely market impact

All three director reappointments require shareholder approval via special resolutions. The continuity of key management personnel suggests stability in leadership. Investors should participate in e-voting to approve these appointments and the financial statements.