BSESprayking LtdLowNeutral
Announced Thu, 18 Sept · 19:00 IST

Proceedings of the 21st Annual General Meeting of the Company

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sprayking Ltd held its 21st AGM on Thursday, September 18, 2025, via video conferencing from 12:30 PM to 1:03 PM, with 34 members and 5 directors attending. Managing Director Hitesh Dudhagara chaired the meeting; the company secretary and statutory/secretarial auditors were also present. Seven resolutions were put to vote, including routine items like adoption of FY25 audited and consolidated financial statements, reappointment of director Ronak Dudhagara (retiring by rotation), and appointment of M Rupareliya & Associates as secretarial auditors for 5 years. Special business items included an increase in authorised share capital with amendment to the Memorandum of Association, a resolution allowing loans/investments beyond the limits under Section 186 of the Companies Act, and approval of material related party transactions with Narmada Brass Industries. Auditors' reports were clean with no qualifications or adverse observations. Remote e-voting ran from September 14–17, 2025, and voting results are to be announced within 2 working days of the meeting.

Likely market impact

The special resolutions—particularly the authorised share capital hike and the related party transactions with Narmada Brass Industries—point to upcoming capital actions and possible related-party fund flows, so shareholders should monitor the voting outcome (due within 2 working days) and any follow-up filings for the actual size and timing of these moves.