Please fine enclosed herewith Notice of 2nd Annual General Meeting of the Company for your reference.
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Royal Sense Limited has issued the notice for its 2nd Annual General Meeting to be held on Monday, 29th September 2025 at 12:30 p.m. (IST) via Video Conference (VC) / Other Audio-Visual Means (OAVM). The AGM agenda includes adopting the audited standalone and consolidated financial statements for FY25, and the re-appointment of Vikas (DIN: 10467805), a Non-Executive Director who retires by rotation. Shareholders will also be asked to approve material related party transaction limits for FY 2025-26 with TTG Innovations Pvt Ltd (up to Rs. 25 crore), Stergic Retail Pvt Ltd, a wholly owned subsidiary (up to Rs. 25 crore), and Khalsa Traders, a proprietorship firm (up to Rs. 50 crore). Two special resolutions are proposed: (1) altering the object clause of the Memorandum of Association to add a cosmetics and personal care business, and (2) authorising the board under Section 180(1)(a) to sell, lease, or mortgage company assets and create charges up to Rs. 50 crore to secure borrowings. Remote e-voting runs from 26th September 9:00 a.m. to 28th September 5:00 p.m., with the cut-off date being 22nd September 2025; the register of members will be closed from 23rd to 29th September 2025.
For retail investors, the AGM is routine but contains a few notable items: a significant diversification into cosmetics and personal care products through an MOA amendment, and expanded borrowing capacity of up to Rs. 50 crore via asset-backed charges. The multiple related party transaction approvals worth up to Rs. 100 crore cumulatively (Rs. 25+25+50) for FY26 are worth monitoring, especially given the relatively small size of the company. Shareholders should review and vote on these resolutions via the Bigshare e-voting platform before 28th September 2025.