Revised Annual Report as per Reg. 34 of SEBI LODR
VIVIDHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Visagar Polytex Limited has submitted its 42nd Annual Report for FY 2024-25 along with the notice convening its 42nd AGM, scheduled for Tuesday, September 30, 2025 at 11:00 a.m. at Vyanjan Banquet Hall, Andheri (West), Mumbai. The AGM will consider ordinary business items including adoption of audited financial statements for FY25 and re-appointment of Mr. Vikramjit Singh Gill (DIN: 08875328), who retires by rotation. Key special business items include approval of material related party transactions of up to Rs. 25 crore per related party for FY 2025-26 with eight related entities (Visagar Financial Services, Shalimar Productions, Maharashtra Corporation, Trisha Studios, Visagar Textiles, Njoymax OTT, Sagar Portfolio Services, and Jagrecha Finance) where MD Tilokchand Kothari holds directorship and over 2% stake. Shareholders will also vote on appointing M/s. Kirti Sharma & Associates as Secretarial Auditor for five years (FY 2025-26 to 2029-30) and regularising the appointment of Mr. Vikasjeet Singh (DIN: 11228402) as Non-Executive Non-Independent Director, who was inducted on August 13, 2025. The e-voting window is September 27–29, 2025, with a record date of September 23, 2025.
The Rs. 25 crore per related party ceiling for FY 2025-26 RPTs is the most material resolution; related parties (including promoter group entities) will not be allowed to vote on it, so independent shareholders will effectively decide the limit. Director re-appointment and secretarial auditor appointment are routine governance items and unlikely to move the stock.