Akshar Spintex Ltd Board Approves AGM Notice, Auditor Appointment
Akshar Spintex Ltd's Board of Directors met on September 1, 2026, approving key agenda items for the 13th Annual General Meeting (AGM). The board recommended the appointment of M/s. H. Jamnadas & Company as Statutory Auditors for five years and M/s. Mitesh Suvagiya & Co. as Cost Auditor for FY27 with remuneration of ₹36,000 plus taxes. Remuneration proposals for Mrs. Illaben Dineshbhai Paghdar (up to ₹15,00,000 p.a.) and Mr. Harry D. Paghdar (up to ₹12,00,000 p.a.) were also approved, subject to member approval. Re-appointments of Mr. Parshotam Lakhabhai Vasoya as Independent Director and Mr. Harikrushna Shamjibhai Chauhan as Chairman-cum-Whole Time Director were recommended. The AGM is scheduled for September 28, 2026, with e-voting from September 23-27, 2026. NSDL has been authorized for e-voting dispatch.
Key Highlights
- Board approved notice and arrangements for the 13th AGM on Sept 28, 2026.
- Recommended appointment of new Statutory Auditors for a five-year term.
- Approved remuneration for Cost Auditor and two directors, subject to member approval.
- Recommended re-appointment of an Independent Director and Chairman-cum-Whole Time Director.
- Authorized NSDL for dispatch and e-voting arrangements.
Price Impact
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