Garment Mantra Lifestyle Ltd — Updates, 01-05-2025: Company Update

Garment Mantra Lifestyle Limited has announced a board meeting to consider re-appointing Mr. Prem Aggarwal as Managing Director and Mrs. Shikha Aggarwal as Whole-time Director for another five-year term each. The resolutions include approval of remuneration capped at Rs. 1.5 lakh per month for Mr. Aggarwal and Rs. 1 lakh per month for Mrs. Aggarwal, subject to review if profits are inadequate. The company has also issued a corrigendum to its earlier EGM notice, reflecting these agenda items and confirming no other changes to the meeting details.