Summary of the proceeding of 40th AGM.
Awaiting price reaction for this filing.
Alstone Textiles (India) Ltd held its 40th Annual General Meeting on Friday, August 29, 2025, via video conferencing from 1:15 PM to 1:45 PM IST, with 30 shareholders attending. Six resolutions were tabled, including adoption of audited financial statements, re-appointment of Managing Director Deepak Kumar Bhojak (who retires by rotation), and appointment of M/S VRSK & Associates as the new Statutory Auditor. Two new Independent Directors — Asutosh Arun Sahu and Sanjay Tulsidas Bhanushali — were regularised as Non-Executive & Independent Directors. No shareholder questions were raised during the Q&A session, and e-voting results are to be announced within two working days.
Routine procedural update — the AGM was conducted smoothly with all key resolutions moved, including board refreshment and auditor change, but no material new business or financials were disclosed. Stock-price impact is expected to be neutral pending the e-voting outcome.