Westlife Foodworld held its 42nd Annual General Meeting (AGM) on September 10, 2024, via video conferencing, where members approved the financial statements for the year ended March 31, 2025, and reappointed Mr. Akshay Jatia as a director.
The meeting, chaired by Mr. Amit Jatia, included the introduction of directors and key company officials. Members also approved the appointment of M/s MSDS Associates as the company's secretarial auditor.
During the AGM, the company addressed shareholder questions and provided updates on its performance. The meeting also facilitated e-voting for members and ensured compliance with regulatory guidelines issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).
Key resolutions passed during the meeting included:
- Adoption of the audited financial statements for the financial year ended March 31, 2025, along with the reports of the Board of Directors and the Auditors.
- Re-appointment of Mr. Akshay Jatia (DIN: 07004280), who retired by rotation and offered himself for re-appointment.
- Appointment of M/s MSDS Associates, Company Secretaries, as the secretarial auditor for the company.
The remuneration for the secretarial audit for the financial year 2025-26 is ₹30,000, excluding applicable taxes and out-of-pocket expenses. Future remuneration will be determined by the Board of Directors based on the Audit Committee's recommendations.
The voting results and the Scrutinizer's Report will be available on the company's website and the RTA's website. The results will also be notified to the Bombay Stock Exchange and the National Stock Exchange of India.
The AGM concluded at 03:10 p.m.
Dr Shatadru Sengupta, Company Secretary had been authorized to declare and upload the e-voting results for this Meeting as required by the applicable law.
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