Aarvee Denims & Exports Limited has informed the Exchange regarding 'Corrigendum to the Notice of 36th Annual General Meeting of the Company to be held on September 30, 2025'.
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Varvee Global Limited has issued a corrigendum to fix typographical errors in its 36th AGM notice and FY25 annual report. Key corrections include adding 'Sevens Food Lab' and 'Abira Mansuri' to related party disclosures, replacing the name '7NR Limited' with '7NR Retail Limited', and correcting the nominal value per share from Rs. 1 to Rs. 10. The 36th AGM is scheduled for September 30, 2025 at 1:30 PM IST at the registered office in Ahmedabad, with video conferencing option available. The underlying annual report shows a major turnaround: revenue rose to Rs. 18,235.87 lakhs from Rs. 9,133.17 lakhs, and the company swung to a net profit of Rs. 1,854.39 lakhs from a loss of Rs. 4,461.64 lakhs in FY24. The corrigendum follows a change in control after Jaimin Gupta acquired 60.81% stake in September 2024.
This is a routine administrative correction to AGM documents and does not change business fundamentals. Shareholders should review the corrigendum alongside the original notice before the September 30 AGM, where several material related party transactions and changes to the company's objects clause are up for approval.