Advance Syntex Ltd — Important, 01-10-2025: Company Update

Advance Syntex Limited's 35th Annual General Meeting saw all proposed resolutions pass with significant majority. Shareholders approved the audited financial statements, re-appointed a director, and re-appointed statutory auditors for five years. However, the scrutinizer highlighted a critical non-compliance issue: the AGM notice omitted a mandatory resolution for the appointment of a Secretarial Auditor for five years. This is a crucial requirement for the company. The Board is expected to promptly address this oversight, explain it in their report, and take immediate corrective action, including considering the matter in an upcoming Extraordinary General Meeting.