Proceeding os the 41st AGM
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Awaiting price reaction for this filing.
Royal Cushion Vinyl Products held its 41st AGM on 29 September 2025 via video conferencing (NSDL facility) from 3:30 PM to 3:56 PM, with 25 members attending. Four resolutions were put to e-voting: (1) adoption of audited FY25 financial statements, (2) re-appointment of Mr. Jayesh Motasha as Non-Executive Director (retiring by rotation), (3) appointment of M/s. Loya and Shariff as Secretarial Auditor, and (4) re-appointment of Mr. Mahesh K. Shah as Chairman and Managing Director. CEO Mr. Suvrat Shah told shareholders that the company launched a new LVT (Luxury Vinyl Tiles) product in Q4 of FY25 and expects revenue growth from it in coming years. He also flagged two pending schemes — amalgamation of Royal Spinwell & Developers Private Limited and merger of Natroyal Industries Private Limited with the company. E-voting results are awaited and will be declared after the scrutinizer's report.
This is a routine procedural filing, but the re-appointment of the existing management and the two pending amalgamations are watchpoints for shareholders. Successful execution of the LVT product launch and the two mergers could drive future revenue, while the voting outcome on the resolutions may be relevant for governance.