Announced Mon, 7 Sept, 2026 · 15:23 IST

41st AGM on Sep 29, 2026 with acquisitions and office shift

Board & Shareholder Meetings View source PDFExplain this filing

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Price reaction

Awaiting price reaction for this filing.

AI summary

Satani Bearings 41st AGM on September 29, 2026 at 6 PM via video conferencing. Ordinary business covers FY26 results adoption, reappointment of Mr. Chirag Ramjibhai Satani as director by rotation, and appointing M/s Bhatt Shah Mekhia and Co as statutory auditors for 5 years from FY27 to FY31. Special business includes shifting registered office from Mumbai to Rajkot Gujarat and two slump sale acquisitions: Satani Industries (proprietorship of MD Mr. Paresh Satani, a related party) and Satani Forge and Turn to strengthen the bearing business.

Likely market impact

Shareholders vote on auditor change, inter-state office shift to Gujarat, and two related-party slump sale acquisitions that need close attention.