Proceedings of the 36th Annual General Meeting of the Company
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Sanghvi Movers Limited held its 36th Annual General Meeting on September 24, 2025, via video conferencing, lasting just 15 minutes (11:00 AM to 11:15 AM) with 53 members in attendance. The Managing Director, Mr. Rishi Sanghvi, outlined the company's new 'Elevate 2030' strategic roadmap built on six pillars: Customer Centricity, Global Expansion, Product Portfolio Diversification, People-First Culture, Financial Growth, and Digital Scalability. He also discussed the shift to a business unit-based structure, the company's leadership in India's crane rental market, and growth plans for its renewable energy arm (Sangreen Future) and its Saudi expansion (Sanghvi Movers Middle East). Four resolutions were tabled: adoption of FY25 annual accounts (standalone and consolidated), declaration of a final dividend on equity shares, re-appointment of Mrs. Maithili Sanghvi via rotation, and appointment of M/s Kanj & Co. LLP as Secretarial Auditors for a 5-year term. Voting results will be announced by September 26, 2025.
This is a routine procedural filing confirming the AGM was conducted in order, with no material surprises. Shareholders should watch for the voting results due by September 26, 2025, particularly the final dividend declaration for FY25, which directly affects near-term shareholder returns.