The AGM Notice for 202425 is filed for taking on record
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Shree Karthik Papers Limited has filed the notice for its 34th Annual General Meeting to be held on Tuesday, 23rd September 2025 at 4:30 PM via video conferencing. The agenda 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. A special resolution seeks shareholder approval to continue her as a Non-Executive Director since she has crossed the age of 75 years (turned 75 on 15.07.2025). Another special resolution seeks approval under Section 180(1)(a) to authorize the board to create mortgage, charge, or pledge on company assets up to Rs. 3.91 crore to secure existing or future bank borrowings. The book closure period is from 16th to 23rd September 2025, and e-voting will run from 19th to 22nd September 2025.
This is a routine AGM compliance filing but includes a request to raise secured borrowing capacity up to Rs. 3.91 crore, suggesting the company may tap additional debt for business expansion. Smt. Selvambal holds 14,229,200 shares, indicating promoter family continuity on the board, which is neutral-to-positive for existing shareholders expecting stable management.