THE 31ST ANNUAL GENERAL MEETING (AGM) OF THE COMPANY IS SCHEDULED TO BE HELD ON 25TH SEPTEMBER, 2025 AT 3:00 P.M. THROUGH (VC)
Awaiting price reaction for this filing.
The company has scheduled its 31st Annual General Meeting on Thursday, 25th September 2025 at 3:00 p.m., to be held via video conferencing (VC/OAVM). The agenda includes adoption of audited financial statements for FY 2024-25 and re-appointment of Managing Director Mrs. Kundanben Bhaveshbhai Patel, who retires by rotation. Shareholders will also be asked to approve the appointment of M/s. A. Shah & Associates as Secretarial Auditors for five consecutive years (FY 2025-26 to 2029-30). A special business item seeks approval for related party transactions with Harigopal Steels & Metals Private Limited (where the MD and CFO are common directors) for purchase/sale of goods up to Rs. 5 crores during FY 2025-26 on an arm's length basis. Remote e-voting via NSDL will be open from 22nd to 24th September 2025, with the cut-off date set as 18th September 2025.
This is largely a routine AGM notice with standard compliance items, though shareholders should note the related party transaction limit of Rs. 5 crores with Harigopal Steels & Metals, where the MD and CFO are common directors. No material financial decisions like dividend, fundraising or M&A are on the table, so the stock is unlikely to react significantly to the AGM notice itself.