Notice for AGM for the FY 2024-25 to be held on 26.09.2025
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RSD Finance Limited will hold its 62nd Annual General Meeting on Friday, September 26, 2025 at 11:00 AM at The Alcor Hotel, Jamshedpur, Jharkhand. Key items on the agenda include adoption of audited standalone and consolidated financial statements for FY 2024-25, and re-appointment of Ms. Kawaljeet Kaur Dugal as Director (retiring by rotation). M/s. S D Y & Co., Chartered Accountants, is proposed for re-appointment as Statutory Auditor for a 5-year term until the 67th AGM, while Mr. Sital Prasad Swain is proposed as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30). Mr. Rajeev Singh Dugal is being re-appointed as Managing Director for another 5-year term (July 22, 2025 to July 21, 2030) with remuneration capped at Rs. 10 Lakhs per financial year. The notice also seeks approval for continuation of Mr. Malkeet Singh Saini as Non-Executive Independent Director, who will turn 75 in May 2026. Remote e-voting will be open from September 22 to September 25, 2025, with the cut-off date being September 19, 2025.
This is a routine AGM notice covering standard items like financial statement adoption, director re-appointments, and auditor re-appointments. Shareholders should note that the Managing Director's re-appointment and continuation of an independent director crossing age 75 require special resolutions, though both are procedural. No major strategic or financial surprises are flagged in the notice.