ALPHA TRIBE

Mittal Life Style LimitedOthers, 25-08-2025: Shareholders meeting

25-08-2025 | 06:12 pm

Mittal Life Style is seeking shareholder approval via postal ballot for key company actions. This includes increasing its authorized share capital from ₹55 Cr to ₹70 Cr by creating 15 Cr new equity shares, which could enable future growth. Shareholders will also vote on revising the Managing Director's annual remuneration up to ₹0.24 Cr. Additionally, the company proposes the appointment of Mr. Pratik Brijeshkumar Mittal as Executive Director & CFO, with an annual remuneration also up to ₹0.24 Cr. These remuneration adjustments are being considered given the company's currently inadequate profits.

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