Sutlej Textiles and Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 29, 2025
SUTLEJTEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sutlej Textiles has notified shareholders about its 20th Annual General Meeting scheduled for Tuesday, July 29, 2025 at 3:00 PM, to be held via video conference. The AGM will consider adoption of standalone and consolidated audited financial statements for FY 2024-25, re-appointment of Mr. Arhant Vikram Nopany (retiring by rotation), and ratification of cost auditor remuneration of Rs. 2.25 lakh plus taxes for M/s. K. G. Goyal & Associates. Shareholders will also vote on appointing M/s. CSM & Co. as Secretarial Auditors for a 5-year term (FY 2025-26 to FY 2029-30) at Rs. 90,000 plus taxes annually, and on the re-appointment of Mr. C. S. Nopany as Managing Director designated as Executive Chairman for 3 years starting August 1, 2025 with a monthly salary of Rs. 25 lakh plus profit-linked commission. Remote e-voting opens July 25, 2025 (9:00 AM) and closes July 28, 2025 (5:00 PM), with a cut-off date of July 22, 2025.
This is a standard procedural AGM notice with mostly routine business items, so the stock is unlikely to react significantly. The key takeaway is leadership continuity with Mr. C. S. Nopany's re-appointment as Executive Chairman for three more years, which provides stability but also commits to a fixed monthly salary of Rs. 25 lakh plus variable commission.