Quality Foils (India) Limited — Others, 05-08-2025: Shareholders meeting

Quality Foils has circulated its Annual General Meeting notice. Shareholders will vote on adopting the FY25 audited financial results, reporting a Net Profit of 1.42 Cr and Turnover of 152.80 Cr. The company seeks approval for re-appointing Director Kuldip Bhargava. Crucially, it proposes managerial remuneration for MD Tejasvi Bhargava and Chairman Kuldip Bhargava (0.27 Cr each annually, against previous 0.49 Cr and 0.61 Cr respectively) despite projected inadequate profits, citing their contributions. The Board also seeks significant authorization to borrow up to 150 Cr and to extend loans, guarantees, or acquire securities up to 150 Cr to related entities, enhancing financial flexibility for the group.