The company intimates proceedings of 40th Annual General Meeting of the company held on 24th September, 2025 at 04.00 PM
Awaiting price reaction for this filing.
Shantai Industries Ltd held its 40th Annual General Meeting on 24th September 2025 at 4:00 PM at its registered office in Surat, and the meeting concluded in just 15 minutes at 4:15 PM. 19 shareholders attended in person, and Chairman & Managing Director Mr. Harishbhai Fatandas Sawlani presided over the proceedings. Six resolutions were considered, including adoption of the audited financial statements for FY ended 31st March 2025, re-appointment of Mrs. Reena Harish Sawlani (Non-Executive Director retiring by rotation), appointment of Mr. Ranjit Binod Kejriwal as Secretarial Auditor, and re-appointment of two Independent/Executive Directors for another five-year term, including continuation of the MD and Whole-Time Director past the age of 70. Voting results are pending and will be declared once the Scrutinizer submits the report, which will then be shared with BSE.
This is a routine, procedural AGM filing with no new business or financial disclosures; impact on shareholders or stock price is expected to be neutral. The five-year re-appointments of the Managing Director and Whole-Time Director signal continuity in existing management.