Submission of Annual Report 2024-25 along with Notice of 29th Annual General Meeting.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Technichem Organics Limited has filed its Annual Report for FY 2024-25 along with the notice for its 29th Annual General Meeting, to be held on Wednesday, 24th September 2025 at 12:00 noon via video conferencing. Key items on the AGM agenda include adoption of audited FY25 financial statements, re-appointment of Managing Director Mr. Bharat J. Pandya (who retires by rotation), appointment of a new statutory auditor M/s. B. K. Chavda & Co. for a 5-year term (replacing the retiring M/s. Devpura Navlakha & Co.) at a remuneration of Rs. 1,25,000 for FY26, and approval to revise the remuneration of Whole-Time Director Mr. Piyush M. Nathwani from Rs. 21 lakh to Rs. 36 lakh per annum effective 1st February 2025. The company manufactures specialty chemicals and reported turnover of Rs. 46.39 crore in FY 2023-24, citing high interest costs and market competition as challenges.
This is a routine annual compliance filing. Shareholders should note the change of statutory auditors, the proposed 71% hike in the WTD's annual remuneration, and the board's expectation of a significant improvement in turnover going forward.