Please find enclosed herewith Annual Report for the financial year 2024-25.
Awaiting price reaction for this filing.
Shantai Industries Ltd has submitted its Annual Report for the financial year 2024-25 to BSE, as required under Regulation 34(1) of SEBI LODR. The 40th Annual General Meeting is scheduled for Wednesday, September 24, 2025, at 4:00 PM at the registered office in Surat. The AGM agenda includes adoption of audited financial statements, re-appointment of directors, and appointment of a new Secretarial Auditor (Mr. Ranjit Binod Kejriwal) for a 5-year term starting April 1, 2025. The Chairman's message highlights operational improvements in the textile trading business but provides no specific financial numbers or targets. The Managing Director and Whole-time Director's proposed salary is capped at Rs. 15,000 per month, suggesting a very small-scale operation.
This is a routine regulatory filing rather than a market-moving event. Shareholders should review the full annual report (available on the company's website) for actual financial performance. The proposed director re-appointments and secretarial auditor change are standard governance items requiring shareholder approval at the AGM.