Notice of annual General Meeting
Price
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Awaiting price reaction for this filing.
Stratmont Industries Ltd has notified BSE of its 41st AGM scheduled for Monday, September 8, 2025 at 9:00 AM at Shivam Party Hall, Borivali West, Mumbai. Shareholders will consider adoption of audited financial statements for FY 2024-25, re-appointment of M/s Bhatter & Associates as statutory auditors, and re-election of Mr. Vatsal Agarwaal as director. Special business includes regularising the appointment of Mrs. Saumya Varma as Independent & Woman Director for 5 years, continuation of Mr. Chinmay Kumar Guha as Independent Director beyond age 70, and his re-appointment for a second 5-year term (June 2025 to June 2030). The Board is also seeking shareholder approval to raise the investment/loan/guarantee limit under Section 186 to Rs. 50 crore and the borrowing limit under Section 180(1)(c) to Rs. 150 crore. Notably, the company will not declare any dividend for FY 2024-25. E-voting will be facilitated via CDSL from September 5 to September 7, 2025.
Routine AGM notice with no immediate price-moving surprise, but the no-dividend decision may disappoint income-seeking shareholders. The proposed higher borrowing and investment limits (Rs. 150 crore and Rs. 50 crore respectively) signal potential expansion or acquisition plans that shareholders should review closely.