Shree Pacetronix Ltd — Others, 08-08-2025: AGM/EGM

Shree Pacetronix Limited has announced its Annual General Meeting to approve key proposals. The company seeks shareholder approval for its audited financial results for the last financial year, which show a standalone net profit of approximately 0.75 Cr and turnover of 16.92 Cr. Shareholders will also vote on re-appointing Mr. Atul Kumar Sethi as Managing Director for three more years, despite the company's inadequate profits for his remuneration. Crucially, the company plans to raise capital through a preferential issue to a promoter, Mr. Akash Sethi. This includes issuing 75,150 equity shares for about 0.61 Cr and 2,25,450 convertible warrants for roughly 1.83 Cr. The total funds of 2.43 Cr are earmarked for upgrading manufacturing facilities and general corporate purposes, aiming to boost productivity and growth.