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P.B.M. Polytex Ltd. — AGM Information 2025
Sep 26, 2025
61511_rns_2025-09-26_820e53ef-885e-44ce-91dd-0970e4e7fa48.pdf
AGM Information
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PBM POLYTEX LTD. CIN :L17110GJ1919PLC000495 REGD. OFFICE: OPP. STATION, POST PETLAD – 388450, DIST: ANAND, GUJARAT, PHONE: 224001, 224003, STORES: 224005, SALES: 224006, FAX (02697) 224009, E-Mail: [email protected]
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THROUGH BSE.LISTING CENTRE
26.09.2025
To, The General Manager M/s BSE Limited, Department of Corporate Services, Floor 25, P. J. Towers, Dalal Street, Mumbai – 400001
Company Code – 514087
Dear Sir / Madam,
SUB: PROCEEDINGS OF THE 10 ~~6~~ [TH] ANNUAL GENERAL MEETING OF THE COMPANY HELD ON 26[TH] SEPTEMBER, 2025.
Pursuant to provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, enclosed herewith the Proceedings of the 106[th] Annual General Meeting (‘AGM') of the Company held on Friday, September 26, 2025 at 11:00 a.m. through Video Conferencing (‘VC’)/ Other Audio-Visual Means (OAVM).
Details of voting results as required under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be submitted separately.
You are requested to kindly take the same on record.
Thanking you, Yours faithfully, For PBM Polytex Limited
SWATI Digitally signed by SWATI BILLORE Date: 2025.09.26 BILLORE 12:57:27 +05'30'
Swati Billore Company Secretary and Compliance Officer FCS 8321
BARODA OFFICE: 8[TH] FLOOR, “RAMAKRISHNA CHAMBERS”, PRODUCTIVITY ROAD, ALKAPURI, BARODA – 390 007. TELEPHONE NO. : 2333587, 2320053, FAX NO. (0265) 2338979 E-Mail: [email protected], Website: www.pbmpolytex.com
PBM POLYTEX LTD. CIN :L17110GJ1919PLC000495 REGD. OFFICE: OPP. STATION, POST PETLAD – 388450, DIST: ANAND, GUJARAT, PHONE: 224001, 224003, STORES: 224005, SALES: 224006, FAX (02697) 224009, E-Mail: [email protected]
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Proceedings of 106[th] Annual General Meeting of PBM Polytex Limited held on 26[th] September, 2025.
The 106[th] Annual General Meeting (“the meeting”) of the members of PBM Polytex Limited was held on Friday, the 26[th] September, 2025 at 11:00 A. M. through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”).
- Directors present through Video Conference:
| Shri Mohan Kumar Patodia | Managing Director & C.F.O |
|---|---|
| Shri Gopal Patodia | Managing Director |
| Shri Ashok Pandit | Independent Director |
| Shri Rakesh Todi | Independent Director |
| Shri Chirayush Patel | Independent Director |
In Attendance:-
| In Attendance:- | |
|---|---|
| Shri Mohan Kumar Patodia | Chief Financial Officer |
| Shri Amit Patodia | Chief Executive Officer cum Senior President |
| Ms. Swati Billore | Company Secretary and Compliance Officer |
| Shri J J Gandhi | Secretarial Auditor & Scrutinizers for e-voting |
| (M/s. J J Gandhi & Co.) | |
| Shri Chirag Shah | Statutory Auditor cum Tax Auditor |
| (M/s. Mahendra N. Shah & Co.) |
The Chairman, Shri Krishan Kumar Patodia, had sought leave of absence and therefore, on the proposal of shareholders, the Managing Director, Shri Gopal Patodia, occupied the Chair.
The Chairman welcomed the members present at the meeting and introduced the fellow Board members present in the meeting through VC. The Chairman informed that Statutory Auditors, Secretarial Auditors and the Chairman of Audit Committee and Stakeholders Relationship Committee, Shri Ashok Pandit, were also present at the meeting through VC.
The Company has 4363 shareholders holding 68,79,020 shares as on 19.09.2025 (Cut-off date for the purpose of entitlement of E-Voting facility). There being 24 members present in person, though VC, including representatives, if any, the quorum was in order. The Chairman informed that the Participation of Members through VC is being reckoned for the purpose of Quorum as per the Circulars issued by the Ministry of Corporate Affairs (MCA) and Section 103 of the Companies Act, 2013 (the Act).
BARODA OFFICE: 8[TH] FLOOR, “RAMAKRISHNA CHAMBERS”, PRODUCTIVITY ROAD, ALKAPURI, BARODA – 390 007. TELEPHONE NO. : 2333587, 2320053, FAX NO. (0265) 2338979 E-Mail: [email protected], Website: www.pbmpolytex.com
PBM POLYTEX LTD. CIN :L17110GJ1919PLC000495 REGD. OFFICE: OPP. STATION, POST PETLAD – 388450, DIST: ANAND, GUJARAT, PHONE: 224001, 224003, STORES: 224005, SALES: 224006, FAX (02697) 224009, E-Mail: [email protected]
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The Chairman addressed the shareholders on Financial Performance of the Company, current economic situations and challenges in the Cotton Spinning Industry and its impacts.
The Chairman thereafter informed that the copies of Audited Financial Statements for the year ended March 31, 2025, Directors’ Report and Auditors’ reports had been emailed, to all the Members whose email ID are registered in the Company’s Records and that the original documents along with the Statutory Registers and Secretarial Auditors’ Report were available for inspection through electronic mode. The Chairman further informed the shareholders that e-voting facility had been provided to all Members to vote electronically, from 23[rd] September, 2025 at 9:00 a.m. (IST) to 25[th] September, 2025 at 5:00 p.m.(IST), on all the resolutions set forth in the Notice of AGM and that there would be no voting by show of hands at the meeting. Members who were present at the AGM and had not casted their vote electronically prior to the date of AGM, were provided an opportunity to cast their votes electronically during the AGM. Members who have casted their vote by remote e-voting prior to the AGM, were entitled to attend the AGM but were not entitled to cast their vote again.
He further informed that M/s. J J Gandhi & Co., Practicing Company Secretaries, Vadodara were appointed as scrutinizer for the purpose of scrutinizing the remote e-voting process.
Thereafter, it was informed to the Members that there were no qualifications, observations or comments on financial transactions or matters or in the Secretarial Audit Report, which had any adverse effect on the functioning of the Company. Accordingly, no part of Auditor’s Reports including Secretarial Auditor’s Report were required to be read at the Meeting.
Thereafter, the Chairman informed the Members that the Notice convening 106[th] AGM was already circulated to all the Members and the same can be taken as read with the permission of the members.
Thereafter, the Chairman, invited the members to raise their queries, if any / on the financial results or any agenda item.
Thereafter, the following resolutions were put to vote electronically as ordinary resolution/special resolution.
BARODA OFFICE: 8[TH] FLOOR, “RAMAKRISHNA CHAMBERS”, PRODUCTIVITY ROAD, ALKAPURI, BARODA – 390 007. TELEPHONE NO. : 2333587, 2320053, FAX NO. (0265) 2338979 E-Mail: [email protected], Website: www.pbmpolytex.com
PBM POLYTEX LTD. CIN :L17110GJ1919PLC000495 REGD. OFFICE: OPP. STATION, POST PETLAD – 388450, DIST: ANAND, GUJARAT, PHONE: 224001, 224003, STORES: 224005, SALES: 224006, FAX (02697) 224009, E-Mail: [email protected]
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Ordinary Business:-
-
To receive, consider and adopt the Standalone and Consolidated Financial Statements including Audited Balance Sheets as at 31st March 2025, Statements of Profit and Loss and Cash Flow Statements for the year ended on that date together with the Directors’ Report and Auditors’ Reports thereon.
-
To consider appointment of Shri Gopal Patodia (DIN: 00014247), as director of the Company, who retires by rotation and being eligible, offers himself for re-appointment.
-
To consider appointment of Shri Krishan Kumar Patodia (DIN: 00027335) as director of the Company who retires by rotation and being eligible, offers himself for re-appointment.
- Special Business:
-
To ratify the remuneration payable to the Cost Auditor for the Financial Year 2025-26
-
To Appoint Secretarial Auditors of the Company.
-
To approve revision in remuneration payable to Shri Amit Patodia, Senior President cum Chief Executive Officer.
The Chairman thanked all for attending the Meeting and the meeting was thereafter concluded at 11:15 A.M. on the same day.
The e-voting facility was kept open for the next 15 minutes after completion of the meeting to enable the members to cast their vote.
This is for your information and record please.
Thanking you, Yours faithfully, For PBM Polytex Limited
SWATI Digitally signed by SWATI BILLORE BILLORE Date: 2025.09.26 12:58:14 +05'30'
(Swati Billore) Company Secretary & Compliance Officer (FCS 8321)
BARODA OFFICE: 8[TH] FLOOR, “RAMAKRISHNA CHAMBERS”, PRODUCTIVITY ROAD, ALKAPURI, BARODA – 390 007. TELEPHONE NO. : 2333587, 2320053, FAX NO. (0265) 2338979 E-Mail: [email protected], Website: www.pbmpolytex.com