Please find enclosed herewith notice of 40th Annual General Meeting of the company scheduled to be held on Wednesday, 24th September, 2025 at 04.00 P.M. at the registered office of the company.
Awaiting price reaction for this filing.
Shantai Industries Ltd has announced its 40th AGM to be held on Wednesday, 24 September 2025 at 4:00 PM at the registered office in Surat, Gujarat. The meeting will cover adoption of audited financial statements for FY ending 31 March 2025 and re-appointment of Mrs. Reena Harish Sawlani as Non-Executive Director by rotation. Key special business items include appointing Mr. Ranjit Binod Kejriwal as Secretarial Auditor for five years at Rs. 3 lakh per year (plus taxes), re-appointing Mrs. Vandanaben Satishbhai Dalal as Independent Director for five years from 26 September 2025, and re-appointing both Mr. Harishbhai Sawlani as Managing Director and Mr. Vasudev Sawlani as Whole-time Director for five-year terms with a salary cap of Rs. 15,000 per month and approval to continue beyond age 70. E-voting through NSDL will be open from 21 to 23 September 2025, with the cut-off date set as 17 September 2025.
Routine annual governance item for shareholders. No material business change proposed — primarily covers board re-appointments, auditor appointment, and approval of audited results. Shareholders should review the director remuneration (Rs. 15,000/month) and the special resolutions on continuation of Managing and Whole-time Directors beyond age 70.