Notice of Annual General Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Simmonds Marshall Limited has issued notice for its 65th Annual General Meeting to be held on Tuesday, September 23, 2025, at 11:00 AM via video conferencing. The meeting will consider seven resolutions, including the adoption of audited standalone and consolidated financial statements for FY 2024-25, and the re-appointment of Mr. Imran M. Panju as a director retiring by rotation. Shareholders will also vote on a special resolution to increase the remuneration of Chairman & Managing Director Mr. Navroze S. Marshall for FY 2025-26, and to re-appoint both Mr. Navroze S. Marshall and Mr. Imran M. Panju for a further three-year term from April 1, 2026 to March 31, 2029. Other items include fixing the cost auditors' fee at Rs. 2.50 lakh for FY 2025-26 and appointing M/s GMJ & Associates as secretarial auditors for a five-year term from FY 2025-26 to FY 2029-30. E-voting will be facilitated by CDSL, with the remote e-voting window open from September 20 to September 22, 2025, and the record date (cut-off) set as September 16, 2025.
These are largely routine AGM items, so the direct impact on the stock is likely neutral. The proposed increase in MD remuneration and re-appointments of key leadership provide continuity at the top, which is generally reassuring for shareholders, though the ability to pay minimum remuneration even in case of inadequate profits is a point to note.