Proceedings of 41st Annual General Meeting (AGM) as per attached.
Awaiting price reaction for this filing.
Niwas Spinning Mills Ltd held its 41st Annual General Meeting on September 30, 2025, from 10:30 AM to 11:15 AM at its registered office in Solapur. Shareholders addressed four items of business: adoption of the audited financial statements for the financial year ended March 31, 2025; re-appointment of Mr. Aditya V. Jaju as a director, who retires by rotation; re-appointment of Mr. Vijay R. Jaju as Managing Director for a further period of 3 years effective February 1, 2026 (a Special Resolution); and appointment of Secretarial Auditors along with fixing their remuneration. Voting on all resolutions was conducted through remote e-voting and ballots at the AGM. The company stated that the consolidated voting results will be disclosed in due course.
This is a routine procedural filing confirming the AGM was held as scheduled, with no immediate impact on stock price. The re-appointment of Vijay R. Jaju as Managing Director for 3 years signals leadership continuity; investors should await the separate voting results announcement to confirm shareholder approval.