We hereby submit the Notice of 41st Annual General Meeting of Venlon Enterprises Limited to be held on Friday, 26th September 2025 at 4.00 p.m at the registerd office of the Company.
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Venlon Enterprises Ltd has called its 41st AGM on Friday, 26 September 2025 at 4:00 p.m. at its registered office in Mysuru. Ordinary business includes adoption of FY2024-25 financial statements and the retirement-by-rotation re-appointment of Ms. Saroj Chandru Datwani. Key special business items include seeking shareholder approval for material related-party transactions with Dechem Resins Limited (up to Rs. 25 crore per year, ~217% of FY24-25 turnover), Krishna Enterprises Limited (up to Rs. 60 crore for debt/exchange-fluctuation adjustment, ~434% of turnover), and a basket of 11 other related parties (up to Rs. 25 crore each). The meeting also seeks approval to appoint Mr. R C Venkatesh Rao as Secretarial Auditor for five years (remuneration Rs. 55,000 p.a.) and to re-appoint Ms. Saroj Chandru Datwani as Whole-time Director and CFO for another five years from 31 March 2026. E-voting via CDSL runs from 23-25 September 2025 with cut-off date 19 September 2025.
Shareholders should note that the proposed related-party transactions are large relative to company turnover (217%–434%), giving them material weight in the vote. The promoter group's continuing involvement in RPTs and the re-appointment of the promoter family member (Ms. Saroj Datwani) as CFO at zero remuneration signal stable but closely-held control, with no immediate dilution or capital action expected from this AGM.