Marvel Decor Limited — Others, 18-02-2025: Shareholders meeting

Marvel Decor Limited has announced a board meeting on March 15, 2025, for an Extraordinary General Meeting (EGM) where members will vote on the appointment of M/s. Chetan Agarwal & Co. as Statutory Auditors, alongside approving a salary increase for the Chairman & Managing Director, Ashok Ramniklal Paun, to ₹48 lakh per annum. The remote e-voting will be available from March 12, 2025, to March 14, 2025.

This EGM reflects a shift in the company's auditing framework and recognizes the contributions of Mr. Paun in driving growth. Such updates may bolster investor confidence by ensuring strong governance and rewarding effective leadership, though investors should monitor the implications of increased costs associated with higher management remuneration.