Announced Mon, 8 Jun · 15:25 IST

Notice of 01/2026-27 Extra-Ordinary General Meeting of the Company to be held on Tuesday, 30th June, 2026 at 03:00 PM through Video Conferencing/ Other Audio - Visual Means (''OVAM'')

Board & Shareholder Meetings View source PDF

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AI summary

Vashu Bhagnani Industries Ltd has called an Extra-Ordinary General Meeting on Tuesday, June 30, 2026 at 3:00 PM via video conferencing. Two special business items will be taken up: (1) Appointment of Mr. Ashish Radheyshyam Goyal (DIN:11640132) as a Non-Executive Independent Director for a 5-year term from April 10, 2026 to April 9, 2031, and (2) Re-appointment of Mrs. Puja Vashu Bhagnani as Managing Director for 3 years effective April 1, 2026 at a salary of ₹1,20,000 per month. The company also disclosed FY 2025-26 financial highlights — revenue from operations of ₹996.46 lakhs (up from ₹947.28 lakhs in FY 2024-25) and profit after tax of ₹140.66 lakhs (up sharply from ₹27.70 lakhs). Remote e-voting will be open from June 27 to June 29, 2026 with cut-off date of June 23, 2026.

Likely market impact

These are routine corporate governance resolutions seeking shareholder approval. The re-appointment of the promoter-family Managing Director ensures leadership continuity, while the new Independent Director adds to board oversight. Shareholders holding shares as on June 23, 2026 should vote during the e-voting window; resolutions are being passed as special resolutions requiring higher majority approval.