Anand Rayons publishes AGM notice, confirms Sept 24 meeting date
- Anand Rayons published its AGM notice in newspapers on September 1, 2026
- The 8th AGM is scheduled for September 24, 2026, via VC/OAVM
- Remote e-voting runs from September 21 to September 23, 2026
- Shareholders can vote on director re-appointments and a ₹45 crore capital hike

*this image is generated using AI for illustrative purposes only.
Anand Rayons published its newspaper advertisement regarding the 8th Annual General Meeting (AGM) on September 1, 2026. The disclosure confirms the meeting scheduled for September 24, 2026, and reiterates the remote e-voting and book closure details previously communicated by the board.
The board had approved the AGM notice on August 31, 2026. The company submitted copies of the advertisements published in the Financial Express English and Gujarati editions to BSE Limited on September 2, 2026, pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
E-Voting Schedule
The remote e-voting facility through the NSDL e-voting platform remains unchanged from earlier disclosures. The voting window opens on September 21, 2026, at 9:00 am and closes on September 23, 2026, at 5:00 pm. Shareholders holding shares as of the cut-off date, September 16, 2026, are eligible to vote. Mr. Jitendrakumar Rewashankar Rawal serves as the scrutinizer for the process.
Director Re-Appointments
The AGM will address the re-appointment of five directors, including four board-approved directors and one retiring by rotation.
| Director Name | Role | Term Details |
|---|---|---|
| Mr. Anil Merchant | Independent Director | Second term of five years (effective Dec 1, 2026) |
| Mr. Pankesh Patel | Independent Director | Second term of five years (effective Feb 15, 2027) |
| Mr. Anand Bakshi | Managing Director | Two-year term (effective Sep 20, 2026) |
| Mrs. Shilpa Anand Bakshi | Wholetime Director | Two-year term (effective Sep 20, 2026) |
| Mrs. Jigisha Chorawala | Director | Re-appointment by rotation |
Mr. Anil Merchant and Mr. Pankesh Patel require special resolutions under Section 149(10) of the Companies Act, 2013, for their second consecutive five-year terms as Independent Directors.
Corporate Actions
The board proposed increasing the authorized share capital from ₹35 crore to ₹45 crore by creating 1 crore additional equity shares of ₹10 each. This resolution requires shareholder approval via an ordinary resolution to alter Clause V of the Memorandum of Association.
The register of members and share transfer books will remain closed from September 17, 2026, to September 24, 2026. The annual report for FY26, including audited financial statements for the year ended March 31, 2026, will be sent electronically to registered shareholders.
Historical Stock Returns for Anand Rayons
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.20% | -5.01% | -14.17% | -46.57% | -90.50% | -24.50% |
How might the proposed increase in authorized share capital from ₹35 crore to ₹45 crore signal Anand Rayons' strategic plans for future fundraising or expansion?
What are the potential market implications of approving the second consecutive five-year terms for Independent Directors Mr. Anil Merchant and Mr. Pankesh Patel?
Could the re-appointment of Managing Director Mr. Anand Bakshi and Wholetime Director Mrs. Shilpa Anand Bakshi indicate a shift in the company's operational strategy for FY27?
































