SMVD Poly Pack Limited — Others, 25-07-2025: Shareholders meeting

SMVD Poly Pack has announced its 16th Annual General Meeting (AGM) will be held on August 20, 2025, via video conference. The company will present its financial results for the year ended March 31, 2025, reporting a net profit of Rs. 10.90 Cr. A significant highlight is the receipt of Rs. 47.67 Cr in insurance claims from a past fire incident, enabling the company to repay all bank loans and achieve a positive net worth. Shareholders will consider increasing the company's investment and loan limit to Rs. 17.00 Cr, supporting future growth initiatives like a new plant in Odisha. Approval is also sought for Chairman & Managing Director's remuneration. Mr. Pawan Kumar Agarwal is up for re-appointment.