Photoquip India Shareholders Approve Key Appointments and Hold 33rd AGM
Photoquip India Limited held its 33rd Annual General Meeting on September 30. Shareholders approved the appointment of Mr. Bharat Karsandas Thakkar as an Additional Non-Executive Independent Director for a five-year term. M/s. HRU & Associates was engaged as the Secretarial Auditor for a five-year period until the AGM in FY 2030-31. The AGM addressed financial statement adoption, director re-appointment, and e-voting facilities were provided through NSDL. Executive Director Pulin Soni addressed shareholders on company performance.
*this image is generated using AI for illustrative purposes only.
Photoquip India Limited , a company listed on the Bombay Stock Exchange (BSE: 526588), recently held its 33rd Annual General Meeting (AGM) and made significant appointments to strengthen its corporate governance structure. The shareholders approved two key appointments during their meeting on September 30, demonstrating the company's commitment to enhancing its leadership and compliance capabilities.
New Independent Director Appointed
Mr. Bharat Karsandas Thakkar has been appointed as an Additional Non-Executive Independent Director for a five-year term. With over a decade of business experience, Thakkar's appointment is expected to bring valuable insights to Photoquip India's board. His extensive background aligns with the company's goal of maintaining a diverse and experienced leadership team.
Secretarial Auditor Engaged for Extended Term
The shareholders approved the engagement of M/s. HRU & Associates as the company's Secretarial Auditor for a five-year period. This term will extend until the Annual General Meeting in the financial year 2030-31. HRU & Associates, a practicing company secretary firm registered with the Institute of Company Secretaries of India (ICSI) under COP No: 20259, brings significant expertise in secretarial and legal compliances. Their experience spans various regulatory areas, including matters related to the Companies Act, SEBI regulations, and stock exchange requirements.
33rd AGM Proceedings
The 33rd AGM of Photoquip India Limited was held on September 30, at the company's premises in Mumbai. The meeting, which began at 9:30 AM and concluded at 10:00 AM, addressed several important matters:
- Adoption of financial statements for the year ended March 31
- Re-appointment of Mr. Dhaval J Soni (DIN: 00751362) as a director
- Regularization of Mr. Bharat K Thakkar as a non-executive independent director
- Appointment of HRU & Associates as Secretarial Auditor
The company provided e-voting facilities through the National Securities Depository Limited (NSDL) platform to ensure shareholder participation. M/s. HRU & Associates was appointed as the scrutinizer for the remote e-voting process.
Management's Address
During the AGM, Mr. Pulin Soni, Executive Director of Photoquip India, delivered a welcome speech to the shareholders. He provided insights into the company's business activities, operations, and financial performance. The management also addressed queries raised by shareholders during the meeting.
Compliance and Transparency
In line with regulatory requirements, Photoquip India has announced that the voting results from the AGM, along with the Scrutinizer's Report, will be disclosed within 48 hours at the company's registered office and on its website ( www.photoquip.com ). The results will also be communicated to the BSE Limited, ensuring transparency and compliance with listing obligations.
These developments at Photoquip India Limited reflect the company's focus on maintaining strong corporate governance practices and engaging with its shareholders. The new appointments and the successful conduct of the AGM demonstrate the company's commitment to transparency, compliance, and strategic growth.
Historical Stock Returns for Photoquip
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.75% | -0.07% | -9.15% | -21.54% | -37.92% | +87.66% |
15
