Notice of 15th Annual General Meeting of Retina Paints Limited for Financial Year 2024-25 to be held on Tuesday 30th September, 2025 at 12:30 P.M through Video Conference or Other Audio Visual Means
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Retina Paints has called its 15th Annual General Meeting for Tuesday, 30th September 2025 at 12:30 PM, to be held entirely via video conferencing. The agenda covers four items: adoption of audited FY25 financials, re-appointment of director Rakesh Dommati (who retires by rotation), and two special resolutions to continue the current remuneration of the Managing Director at ₹5 lakh per month and the Whole-Time Director at ₹2 lakh per month for the balance period of their tenure up to 30th November 2027. The annual report reveals a sharp jump in business performance, with revenue from operations nearly doubling to ₹20.62 crore in FY25 from ₹11.66 crore in FY24, and profit after tax rising to ₹1.30 crore from ₹74.24 lakh. E-voting runs from 27th September (9:00 AM) to 29th September (5:00 PM), with the cut-off date for eligibility set as 23rd September 2025. The MD and WTD seeking remuneration continuation are spouses and together represent the promoter group.
This is largely a routine AGM notice, but the strong FY25 growth in revenue and profits is a positive signal for shareholders. Investors should pay attention to the two special resolutions on managerial remuneration, since both directors are related (spouses) and are also major shareholders — so the outcome directly affects promoter earnings.