Annapurna Swadisht Announces 5th AGM on Sep 30, 2026, to Discuss FY26 Results and Key Corporate Actions
Annapurna Swadisht Limited will hold its 5th AGM on September 30, 2026, to adopt FY26 audited standalone and consolidated financial statements. Key agenda items include enhancing borrowing limits to ₹350 Crore under Sections 180(1)(a) and 180(1)(c), and appointing a new Managing Director. Secretarial Auditors will also be appointed for five years.
The proposed enhancement of borrowing limits to ₹350 Crore is a significant corporate action that could impact the company's financial leverage and future growth strategies. The AGM also involves the adoption of financial statements and changes in key managerial personnel, which are material to stakeholders.
The announcement is a routine corporate event (AGM) with standard agenda items including financial statement adoption, director re-appointment, borrowing limit enhancements, and appointment of auditors. No immediate positive or negative financial news is presented.
Annapurna Swadisht Limited has announced its 5th Annual General Meeting (AGM) for the Financial Year 2025-26, scheduled to be held on Wednesday, September 30, 2026, at 3:00 PM IST. The meeting will be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in accordance with applicable provisions of the Companies Act, 2013.
The AGM agenda includes several critical business items. Ordinary Business will involve the adoption of Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors. Additionally, a Director retiring by rotation will be considered for re-appointment.
Special Business items include the change in designation of Mr. Ritesh Shaw from Whole-Time Director to Managing Director for the remaining tenure until March 10, 2028. The company also seeks shareholder approval for an enhancement in borrowing limits under Section 180(1)(a) of the Companies Act, 2013, from the existing ₹250 Crore to ₹350 Crore. Furthermore, approval will be sought for an enhancement of borrowing limits under Section 180(1)(c) of the Companies Act, 2013, to a revised limit of up to ₹350 Crore from the previously approved limit of ₹250 Crore.
The appointment of M/s. Mohit Vanawat & Associates as Secretarial Auditors for a period of five consecutive financial years, commencing from the conclusion of the 5th AGM until the 10th AGM (FY 2026-27 to 2030-31), will also be considered. The Notice of the AGM, which forms an integral part of the Annual Report for FY 2025-26, is available on the company's website and the National Stock Exchange's website.
A plain-language summary of a public exchange filing by Annapurna Swadisht Limited. Read the original for the full detail.