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Stratmont Industries Limited held its 41st AGM on September 8, 2025, at Shivam Party Hall, Borivali West, Mumbai, starting at 9:00 A.M. and concluding at 12:30 P.M. The meeting was chaired by Mr. Chinmay Kumar Guha (Non-Executive Independent Director), with all five directors present and requisite quorum confirmed. Eight resolutions were transacted and approved with the requisite majority, including adoption of audited financial statements for FY ended March 31, 2025, appointment of auditors, and re-appointment of Mr. Vatsal Agarwaal as Director. Special resolutions covered the regularisation of Mrs. Saumya Varma as Independent Woman Director, continuation of Mr. Chinmay Kumar Guha as Independent Director beyond 70 years of age, his re-appointment, and enhancement of the company's investment/loan/guarantee limits under Section 186 and borrowing limits under Section 180(1)(c) of the Companies Act, 2013. E-voting was conducted between September 5–7, 2025, with results to be declared within 48 hours of receipt of the scrutiniser's report.
The AGM outcome is largely procedural, but the approved enhancement of borrowing limits under Section 180(1)(c) and investment/loan limits under Section 186 signals potential fundraising or expanded lending/guarantee activity ahead, which shareholders should monitor. Continuation of the existing chairman and board composition indicates management continuity with no leadership changes.