BSEKonark Synthetic LtdLowNeutral
Announced Tue, 30 Sept · 18:08 IST

Please find enclosed proceedings of 41st Annual General Meeting.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Konark Synthetic Limited held its 41st Annual General Meeting on 30th September 2025 at its registered office in Andheri East, Mumbai, from 3:30 PM to 4:05 PM. The meeting was chaired by Managing Director Mr. Shonit Dalmia, with 50 members present in person or through representatives and 4 directors in attendance. Three ordinary business resolutions were proposed: adoption of standalone and consolidated audited financial statements for FY ended 31st March 2025, appointment of a director in place of Mr. Shonit Dalmia (retiring by rotation), and his re-appointment as Managing Director. The Statutory Auditors' report had no qualifications, while the Secretarial Auditors' report had one qualification, which the Board addressed. Members did not raise any queries, and voting was conducted through remote e-voting (27th-29th Sept) and ballot papers at the meeting, with results to be announced within two working days.

Likely market impact

This is a routine compliance filing disclosing AGM proceedings. The re-appointment of Mr. Shonit Dalmia as Managing Director and adoption of FY25 financial statements are standard agenda items. Investors should watch for the voting results announcement, expected within two working days, though no contentious issues were raised at the meeting.