Annual Report of the Company for the Financial Year 2024-2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajnish Retail Ltd has filed the Notice of its 31st Annual General Meeting scheduled for September 30, 2025 at 11:00 AM via video conferencing, along with the Annual Report for FY 2024-2025, being sent electronically to members. Key agenda items include adoption of audited financial statements, re-appointment of Mr. Vijay Kumar Chopra (Whole-Time Director & CFO) who retires by rotation, and appointment of Mr. Saurabh Gakhar as Non-Executive Independent Director for a 5-year term starting July 4, 2025. Shareholders are also being asked to ratify a related party transaction of ₹8.28 crore with Rajnish Wellness Limited during FY 2024-25, and approve related party transactions up to ₹10 crore for FY 2025-26, including unsecured loans from director Mr. Rajnishkumar Singh (up to ₹10 crore) and managerial remuneration to Mr. Anandkumar Jain (up to ₹10 crore). Additionally, M/s HSPN & Associates LLP is proposed to be appointed as Secretarial Auditor for a 5-year period from FY 2025-26 to FY 2029-30.
The filing is primarily procedural, covering AGM logistics and routine corporate approvals. The sizeable related party transactions—including ₹8.28 crore with Rajnish Wellness Limited and proposed borrowings up to ₹10 crore from a director—warrant shareholder attention as they indicate significant inter-company and director-linked financial activity.