Company Overview

Camex Limited (Scrip Code: 524440) has convened its 37th Annual General Meeting on August 7, 2026, to be held via video conferencing. The primary agenda involves seeking shareholder approval for multiple material related-party transactions requiring special resolutions under SEBI LODR Regulation 23 and Section 188 of the Companies Act, 2013.

Material Related Party Transactions

The company seeks omnibus approval for three-year arrangements (FY 2026-27 to 2028-29) with several promoter-linked entities:

Goods & Materials Transactions:

  • With Camex Industries: Job work services not exceeding ₹2 crores annually
  • With Creative Texchem India Private Limited: Purchase/sale of goods not exceeding ₹2 crores annually
  • With Camex Wellness Limited: Purchase/sale of goods not exceeding ₹25 lakhs annually
  • With Camex Speciality Private Limited: Purchase/sale of goods not exceeding ₹50 lakhs annually

Rental Arrangements:

  • With Camex Speciality Private Limited: Rent not exceeding ₹1.42 lakhs monthly with 10% annual revision
  • With Chandraprakash Chopra HUF: Rent not exceeding ₹0.36 lakhs monthly with 10% annual revision

Loan Transactions:

  • Acceptance of unsecured loans from Camex Speciality Private Limited: Up to ₹25 crores annually at 10% interest
  • Granting loans to related parties: Up to ₹5 crores annually at 10% interest

Governance & Compliance

All proposals have been reviewed and recommended by the Audit Committee. Related parties are excluded from voting on these resolutions. The aggregate value exceeds 10% of annual consolidated turnover (FY25-26 turnover: ₹4.45 crores). Detailed explanatory statements comply with SEBI Circular SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/93 dated June 26, 2025.

Additional AGM Business

  • Adoption of audited financial statements for FY ended March 31, 2026
  • Re-appointment of Mr. Rajesh Nahata (DIN: 00278873) who retires by rotation

Voting Process

Remote e-voting available from August 4-6, 2026, with e-voting during AGM for attendees. Mr. Ravi Kapoor appointed as scrutinizer. Record date set for August 1, 2026.

Corporate Structure

Board Composition: Dr. Chandraprakash Hoppra (MD), Mr. Rajesh Nahata (Whole-time Director), Mr. Rahul Hoppra, and three independent directors.

Key Personnel: CFO Mr. Anand Jain and Company Secretary Mr. Vishal Vadhvana