The AGM Notice for 202425 is filed for taking on record
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Awaiting price reaction for this filing.
Shree Karthik Papers Limited has filed the notice for its 34th Annual General Meeting, scheduled for Tuesday, 23rd September 2025 at 4:30 PM via video conferencing, with the registered office in Coimbatore as the deemed venue. The ordinary business includes adopting the audited financial statements for the year ended 31st March 2025 and re-appointing Smt. Selvambal Sengottu Velu (DIN: 01740974) as a Director, who retires by rotation. The special business seeks shareholder approval by special resolution to continue her as a Non-Executive Director after she turned 75 on 15.07.2025, and to authorize the board to mortgage or charge company assets up to Rs. 3.91 crores to secure existing bank borrowings. E-voting will run from 19-22 September 2025 with the cut-off date on 15 September, and the register of members will be closed from 16-23 September 2025.
For shareholders, this is a routine AGM notice but contains two items needing their vote: continuation of the promoter-group director Smt. Selvambal Sengottu Velu beyond age 75, and approval for the board to pledge company assets up to Rs. 3.91 crores as security for loans. The asset pledge item may be a mild negative signal if it indicates higher leverage, while director continuation is procedural. No immediate impact on share price is expected from the notice itself.