Annual General meeting of the Company will be held on 30th september,2025 through audio visual means.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shangar Decor Limited held a Board Meeting on September 3, 2025, where it approved the Director's Report for FY ended March 31, 2025, and fixed September 30, 2025 (11:30 AM) as the date for its 30th AGM via video conferencing. The cut-off date for shareholder voting eligibility was set as September 23, 2025, with Mr. Anuj Bharatbhai Udani appointed as Scrutinizer. The Board approved appointing Mrs. Jalpa Moulin Shah (wife of a director and daughter-in-law of MD Mr. Samirbhai Shah) as an Additional Non-Executive, Non-Independent Director, redesignated Mr. Maulin Samir Shah from Non-Executive to Executive Director & CFO, and made MD Mr. Samirbhai Shah the new Chairman. It also proposed increasing the overall managerial remuneration limit for directors and raising loan/guarantee limits under Sections 185 and 186 of the Companies Act, 2013, all subject to shareholder approval.
Several changes need shareholder approval at the AGM, including a rise in managerial remuneration and expanded borrowing/power-to-give-loans limits, which could affect governance and related-party exposure. The induction of a family member as director and reshuffling of CFO/Chairman roles signal consolidation of family control, something retail investors should weigh when voting.