Announced Wed, 3 Sept · 18:05 IST

Notice of AGM

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The company has issued notice for its 33rd Annual General Meeting scheduled for Monday, 29th September 2025 at 3:00 p.m., to be held via video conferencing. Shareholders will consider adoption of audited financial statements for the year ended 31st March 2025, re-appointment of Mr. Priyank Hemen Vasa as director (retiring by rotation), and re-appointment of both Mr. Hemen Navnit Vasa and Mr. Priyank Hemen Vasa as Whole-time Directors for 3-year terms starting 1st October 2025 at salaries of Rs. 2,54,800 and Rs. 2,00,000 per month respectively (unchanged from previous year). Mr. Hemen Vasa will turn 70 during this term, requiring a special resolution. Additionally, Vishakha Agrawal & Co. is proposed as Secretarial Auditor for 5 consecutive years (FY 2025-26 to FY 2029-30) at Rs. 30,000 plus tax for the first year. E-voting runs from 26th to 28th September 2025 via CDSL, with cut-off date of 21st September 2025.

Likely market impact

This is a routine AGM notice with standard agenda items. The re-appointments maintain leadership continuity with no change in director remuneration, signalling stability. Appointment of a new long-term secretarial auditor (5-year term) is a compliance-related housekeeping matter and is unlikely to affect the stock price.