Please find enclosed herewith the Notice of Annual General Meeting of the Company for the financial year 2024-25 to be held on Tuesday, 30th September 2025 at 11:30AM at Prayagraj.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shervani Industrial Syndicate Limited has called its 77th Annual General Meeting on Tuesday, 30th September 2025 at 11:30 AM, to be held at the company's registered office in Prayagraj. The AGM will consider adoption of audited standalone and consolidated financial statements for FY ended 31st March 2025 and declaration of a dividend. Shareholders will also vote on re-appointment of Mr. Saleem Iqbal Shervani (Executive Chairman), Mr. Mustafa Rashid Shervani (Managing Director) and Mr. Sadiq Husain Siddiqui (Director – Corporate Affairs), each for a three-year term. Other special business includes appointing Dr. Tarana Husain Khan as a new Independent Director, re-appointing Ms. Aradhika Chopra as Independent Director, ratifying the Cost Auditor's fee of Rs. 40,000 per year, appointing M/s Siddiqui & Associates as Secretarial Auditor for five years, and enhancing the company's borrowing and security creation limits to Rs. 300 crore each. The cut-off date for e-voting eligibility and dividend entitlement is 23rd September 2025.
Routine AGM with no major surprises — directors' re-appointments and a higher borrowing ceiling of Rs. 300 crore are largely procedural. Confirmation of a dividend declaration could be a positive for shareholders, though the actual quantum will be decided at the meeting. The expanded borrowing limit signals the company is preparing for possible higher future debt or expansion.