Notice of the 37th AGM scheduled to be held on 28-08-2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sunil Agro Foods has sent notice for its 37th AGM, scheduled for Thursday, 28th August 2025 at 12:30 PM via video conferencing. Ordinary business includes adoption of audited financial statements for FY ending 31st March 2025 and the reappointment of Mr. Akshat Jain, who retires by rotation. Special business includes the reappointment of promoter Mr. B Shantilal (age 70+) as Managing Director for three years from 01.10.2025 to 30.09.2028 at a salary of Rs. 1 lakh per month plus 1% commission on net profits (capped at Rs. 1.2 lakh annually) and perquisites up to Rs. 3.6 lakh per annum. Also up for approval is the reappointment of Mr. Akshat Jain as Whole-Time Director for three years (01.06.2025 to 31.05.2028) on identical pay terms, and the appointment of Ms. Kalaivani S as Secretarial Auditor for five years (FY26 to FY30), replacing Mr. Vijayakrishna K T. Mr. B Shantilal holds 600 equity shares, while Mr. Akshat Jain holds 3,50,000 shares.
This is a routine AGM notice with no fundraising, dividend, or M&A action; outcomes hinge on shareholder votes on director reappointments, which is largely procedural since the directors and promoter family hold controlling stakes.