Please be informed that 40th Annual General Meeting of the members of the Company is scheduled to be held on Thursday, the 25th day of September, 2025 at 3.00 PM through Video Conferencing/OAVM. ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raaj Medisafe India has called its 40th AGM on September 25, 2025 at 3:00 PM via video conferencing. Shareholders will vote on adopting FY25 audited financial statements, re-appointing director Shri Navin Jhawar (who retires by rotation), and appointing M/s. GDK & Associates as new statutory auditors for a 5-year term, replacing M/s. V.K. Ladha & Associates. A special resolution seeks shareholder approval to appoint M/s. M. Maheshwari & Associates as Secretarial Auditor for FY2025-26 to 2029-30. Two ordinary resolutions cover material related party transactions: up to Rs. 1,400 lakhs (about 22.43% of consolidated turnover) with Shriji Polymers (India) Limited, and up to Rs. 1,600 lakhs (about 25.63%) with Shriniwas Polyfabrics and Packwell Private Limited, both promoter-linked entities. E-voting runs from September 22 to September 24, 2025, with cut-off date of September 18, 2025.
The related party transactions with promoter-group companies together amount to roughly 48% of consolidated turnover, which is significant and warrants close attention from minority shareholders despite being stated as at arm's length. The auditor change and director reappointment are routine corporate items and unlikely to materially affect the stock in the short term.