Lagnam Spintex Limited — Others, 01-07-2025: Shareholders meeting

Lagnam Spintex Limited has announced a board meeting to consider the financial results for the quarter and half-year ended March 31, 2025. The company will also discuss the ratification of remuneration for cost auditors for FY 2025-26, continuation of remuneration for Managing Director Mr. Anand Mangal and Executive Director Mr. Shubh Mangal for their respective remaining terms until 2028, and the appointment of M/s Sanjay Somani & Associates as Secretarial Auditors for five years starting FY 2025-26. Both directors’ remuneration includes a fixed monthly salary with annual increments, commission as a percentage of net profits, and various perquisites aligned with existing terms. The company provides detailed instructions for remote e-voting and participation in the AGM through video conferencing.