Proceedings of 1st (Post CIRP) AGM of the Company
Awaiting price reaction for this filing.
Rathi Graphic Technologies held its first Annual General Meeting since completing the Corporate Insolvency Resolution Process (CIRP) on December 31, 2025, via Video Conferencing. 45 members attended the meeting chaired by Managing Director Mr. Nikunj Daga. Key items transacted included adoption of audited financial statements for FY24-25, appointment of M/s H.G. & Co. as Statutory Auditors, appointment of new directors (Ms. Jyoti Jha, Mr. Gagninder Kumar Gandhi, Mr. Sukesh Thirani) and confirmation of Mr. Nikunj Daga as Managing Director, along with adoption of a new set of Articles of Association. The Chairman confirmed there were no qualifications or adverse remarks in the Statutory Auditor's Report, while the Secretarial Auditor's observations related to the period before the current management took over. No registered speaker shareholders attended and no queries were raised. Remote e-voting took place from December 28-30, 2025, with results to be declared within the prescribed timeline.
This is a milestone event for shareholders as it marks the company's first AGM post-resolution of insolvency, signaling a fresh start under a new management and board. The clean statutory audit report and adoption of new Articles of Association point to a corporate restructuring in progress, which could be positive for the stock if voting results show strong shareholder support.