S.J.S. Enterprises Limited has submitted the Exchange a copy of Scrutinizer's report of 20th Annual General Meeting held on July 16, 2025
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S.J.S. Enterprises Limited held its 20th Annual General Meeting (AGM) on July 16, 2025 via video conferencing, with 91 members attending. Shareholders approved all 8 resolutions with overwhelming majority. The resolutions included adoption of audited financial statements for FY25 (99.998% in favor), declaration of dividend on equity shares (99.99995% in favor), re-appointment of Mr. Sanjay Thapar (97.32% in favor) and Mr. K A Joseph as Managing Director (99.86% in favor), appointment of M/s. S.R. Batliboi & Co. LLP as statutory auditors (98.39% in favor), appointment of Mr. Ananta R Deshpande as secretarial auditor for 5 years (99.998% in favor), ratification of cost auditor's remuneration (99.996% in favor), and a special resolution to increase the maximum managerial remuneration limit from 11% to 15% of net profit for FY26 (99.996% in favor). Total of 66,081 shareholders were on record as of cut-off date July 9, 2025.
All AGM resolutions were passed comfortably, confirming shareholder confidence in the company's management and governance. The approved dividend declaration is a positive for shareholders, while the increase in managerial remuneration ceiling from 11% to 15% (linked to stock option exercises) signals potential dilution concerns but is a routine corporate action. No material governance surprises; expect stable near-term stock reaction.