43rd AGM Notice - AGM Date - 21st July, 2025 at 03: 30 PM
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Super Sales India Limited has called its 43rd AGM on Monday, 21st July 2025 at 3:30 PM through Video Conferencing/OAVM. Ordinary business items include adoption of audited financial statements for FY ending 31st March 2025, declaration of a dividend (amount not specified in the notice), and re-appointment of Ms. Shivali Jayavarthanavelu (DIN 07441741) who retires by rotation and holds 7.87% of paid-up capital. Special business includes seeking shareholder approval for material related party transactions with LMW Limited (a promoter group entity holding 9.77% equity, where Chairman Sanjay Jayavarthanavelu is also CMD) up to Rs. 300 Crores — representing 74.30% of the company's consolidated turnover. Other items are appointment of Sri. M.R.L. Narasimha as Secretarial Auditor for a 5-year term (FY 2025-26 to 2029-30) and ratification of Rs. 1,50,000 remuneration for Cost Auditor Sri. G. Sivagurunathan. The record date/cut-off for dividend eligibility and e-voting is 14th July 2025, with remote e-voting open from 18th to 20th July 2025.
The Rs. 300 Crore related party transaction with promoter group LMW (74.3% of consolidated turnover) is a high-value resolution needing approval from non-related shareholders, which if rejected could affect the company's revenue stream since LMW commissions are described as a 'major part' of revenue. Dividend quantum remains undisclosed and will be announced at the AGM; shareholders should watch for the dividend amount alongside the RPT outcome for any near-term stock catalyst.