Notice of 44th Annual General Meeting
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SVA India Ltd (BSE: 531885) has issued the notice for its 44th AGM to be held on Tuesday, September 30, 2025 at 11:00 AM at the registered office in Nariman Point, Mumbai. The ordinary business includes adopting the audited financial statements for FY 2024-25 and re-appointing Mrs. Rakhi Gupta as director (retiring by rotation). The special business seeks shareholder approval to appoint M/s Debasish Mukherjee, Practicing Company Secretaries, as Secretarial Auditors for a 5-year term from FY 2025-26 to FY 2029-30, in line with amended SEBI Regulation 24A. The company's FY 2024-25 performance showed revenue declining to ₹223.72 lakhs from ₹260.00 lakhs, but it swung to a net profit of ₹62.69 lakhs (EPS ₹1.90) from a loss of ₹9.45 lakhs in the previous year. No dividend has been recommended. The board saw two independent directors (Mr. Arun Agarwal and Mr. Aadesh Jain) complete their tenure, with Mr. Ajay Puranik and Mr. Sanjay Damani appointed as replacements effective April 1, 2025.
This is a routine AGM notice with no surprise items for shareholders. Key takeaways are the return to profitability, the non-recommendation of dividend (funds being conserved for growth), and the formal ratification of the Secretarial Auditor appointment. The ongoing arbitration with Future Consumer Limited over the Aussee Oats joint ventures remains a watchpoint. No immediate material impact on stock price is expected.