Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SMT Engineering Ltd (formerly Adarsh Mercantile Limited, BSE scrip code 538563) has filed its Annual Report for FY 2024-25 along with the AGM Notice, as required under SEBI LODR regulations. The Annual General Meeting will be held via video conferencing on September 30, 2025 at 12:30 PM, with remote e-voting open from September 27 to September 29, 2025. Key items to be voted on include adoption of audited standalone and consolidated financial statements, re-appointment of Managing Director Ajay Jaiswal (who holds 21.60% of the company), appointment of new statutory auditor M/s Anil Kamal Garg & Company for a 5-year term till 2030, and appointment of three new independent directors. The company also underwent a major board reshuffle on March 7, 2025, with a completely new set of directors and KMP taking office.
This is a routine regulatory filing, but shareholders should note the proposed change of statutory auditor and the appointment of three new independent directors. Investors holding shares as of September 23, 2025 (cut-off date) are eligible to vote electronically. The board's complete overhaul in March 2025 is a significant corporate governance change worth monitoring.