Intimation of Notice of 32nd Annual General Meeting ("AGM") to be held on Monday, September 29, 2025 at 01:00 P.M. through Video Conferencing/ Other Audio Visual Means ("VC/OAVM").
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Samtex Fashions Limited has notified the 32nd Annual General Meeting to be held on Monday, September 29, 2025 at 1:00 PM IST via Video Conferencing/Other Audio Visual Means (VC/OAVM). The agenda includes adopting the audited standalone and consolidated financial statements for FY ended March 31, 2025, re-appointing Mr. Atul Mittal (DIN: 00223366) as a director retiring by rotation, and his re-appointment as Chairman and Managing Director for 5 years effective August 30, 2025 — notably without any remuneration, salary, or perquisites. Members will also vote on appointing M/s. DMK Associates as the new Secretarial Auditor for 5 consecutive years (FY 2025-26 to FY 2029-30) at a proposed fee of Rs. 1,00,000 plus taxes for the first year. E-voting will be open from September 26 to September 28, 2025, with the cut-off date set as September 22, 2025, and the register of members will be closed from September 23 to September 29, 2025. The company is a Government Recognised Export House in men's apparel, listed on BSE under scrip code 521206.
This is a routine AGM notice with no major surprises; the most notable point for shareholders is that the promoter-CMD Atul Mittal is being re-appointed for another 5 years without drawing any remuneration, which signals his continued commitment but also reflects tight financial conditions at the company. The change in secretarial auditor and adoption of FY25 results are standard compliance items unlikely to move the stock.