Anand Rayons Ltd — Others, 11-08-2025: AGM/EGM

Anand Rayons Limited will hold its Annual General Meeting via video conferencing. Key items for shareholder approval include the adoption of the audited financial statements. Significantly, the company seeks to alter its Memorandum of Association to expand business into diverse areas like textiles, packaging, chemicals, food products, and real estate. Additionally, shareholders will vote on revisions to the remuneration of the Managing Director (currently 2 lakh rupees monthly) and Whole-time Director (currently 1.5 lakh rupees monthly), allowing their compensation to potentially exceed profit-based limits, up to 5 Cr, even in periods of inadequate profits.