Submission of 38th Annual Report for FY 2024-2025.
Awaiting price reaction for this filing.
Satiate Agri Limited has submitted its 38th Annual Report for FY 2024-2025 to BSE, along with the notice for its 38th Annual General Meeting scheduled for September 30, 2025 at 5:00 PM via video conferencing. The AGM agenda includes adopting the audited financial statements, re-appointing Mr. Samyak Jain as a director liable to retire by rotation, and appointing M/s. S.N. Gadiya & Co. as new statutory auditors for a five-year term through 2030. Shareholders will also vote on three significant special resolutions seeking approval to raise the borrowing limit, create security on company assets, and make investments or give loans up to Rs. 100 crores each. Additionally, three new independent directors — Mr. Swapnil Rathi, Mrs. Garima Mahajan, and Mr. Mohd Tarique — are proposed for appointment for five-year terms. The filing also reflects significant board turnover with several directors and key managerial personnel resigning and being replaced in the months leading up to the AGM.
The Rs. 100 crore borrowing and investment limits signal the company is positioning itself for potentially larger future funding or expansion activity, though it remains a small-cap with no operational metrics disclosed in this filing. The wholesale board and auditor changes suggest a major governance restructuring that shareholders should monitor closely ahead of the September 30 AGM.