Pursuant to Regulation 30 read with Schedule III Para A of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (Listing Regulations), as amended, please find enclosed ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Swasti Vinayaka Art And Heritage Corporation has called its 39th AGM on Monday, September 29, 2025 at 1:30 PM via Video Conferencing. Shareholders will vote on 14 resolutions including adoption of FY25 audited financials, re-appointment of Mr. Prabhat Dinesh Poddar as director retiring by rotation, and approval of material related party transactions. Key proposals include raising Managing Director Dinesh Poddar's remuneration from Rs. 6.5 lakh to Rs. 7.5 lakh per month and Whole-Time Director Prabhat Poddar's pay from Rs. 70,000 to Rs. 80,000 per month, both effective April 1, 2025. The notice also seeks shareholder approval to re-appoint Dinesh Poddar, Rajesh Poddar, and Rhea Poddar as executive directors for 3-year terms, appoint two new independent directors (Rahul Gupta and Yash Rungta) for 5 years, re-appoint Madhusudan Lohia for a second 5-year term, and engage Sandeep Dar & Co as secretarial auditor for FY26–FY30. A separate special resolution proposes authorizing loans up to Rs. 30 crore to eight related-party entities under Section 185 of the Companies Act.
Routine AGM agenda but includes a significant Rs. 30 crore inter-corporate loan authorization to related parties and several director remuneration hikes that will be put to shareholder vote. The filing also notes the company has crossed corporate governance compliance thresholds from FY26, which may raise compliance costs and scrutiny going forward.