Swadeshi Polytex Ltd — Others, 04-07-2025: AGM/EGM

Swadeshi Polytex Limited has announced the proceedings of its 55th Annual General Meeting held via video conferencing. The meeting was chaired by Vice-Chairman Hartaj Sewa Singh due to the Chairman’s prior commitments. Members approved the audited financial results for the year along with the Board and Auditor reports. Minor observations in the Statutory and Secretarial Auditor reports related to software audit trails and compliance were addressed in the Board’s Report. The company highlighted a dip in profitability due to completion of land sales in the prior year and emphasized ongoing infrastructure developments in real estate. All resolutions, including director re-appointments and appointment of secretarial auditors, were passed with requisite majority.