With reference to above captioned subject, please find enclosed herewith notice of 21st AGM to be held on 29th of August 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raw Edge Industrial Solutions Ltd has issued the notice for its 21st AGM scheduled for Friday, 29th August 2025 at 4:00 PM via video conferencing. Ordinary business includes adopting the audited financial statements for FY ending 31st March 2025 and re-appointing Mr. Siddharth Bimal Bansal (Non-Executive Director) who retires by rotation; he holds 20,04,240 equity shares in the company. Special business covers four items: appointing Mr. Ranjit Binod Kejriwal as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30) at a proposed fee of Rs. 3 lakh plus taxes, approving Managing Director Mr. Bimalkumar Bansal's remuneration of Rs. 2 lakh per month for the remaining tenure (Feb 2026 to Feb 2028), seeking shareholder waiver for recovery of Rs. 8,44,769 in excess remuneration paid to CFO Mr. Prashant Agarwal in FY 2024-25, and changing Mr. Agarwal's designation from Executive Director and CFO to Whole-time Director and CFO with a marginal salary increase to Rs. 25 lakh per annum from Rs. 24,44,769. E-voting will be open from 26th August to 28th August 2025, with cut-off date of 22nd August 2025.
Shareholders should review the waiver of Rs. 8.44 lakh excess CFO remuneration and the salary revisions for key managerial personnel before voting. The re-appointment of the promoters' family member and related-party remuneration approvals may draw governance attention, though the resolutions are largely procedural and aligned with the company's existing management structure.