EGM Details

  • Date: Wednesday, June 24, 2026
  • Time: 2:00 PM
  • Venue: Registered Office at 82 Maker Chambers III, Nariman Point, Mumbai City MH 400021
  • Cut-off date for determining members entitled to vote: May 29, 2026
  • Dispatch of EGM notice completed on June 1, 2026 to all members

Agenda Items

Item 1: Revision in Remuneration of Mr. Rohitkumar Mishra, Whole-time Director

  • Special Resolution required for approval
  • Current remuneration: ₹24,00,000 per annum (approved at AGM on September 27, 2024 for period April 1, 2024 to March 31, 2026)
  • Proposed revised remuneration: ₹36,00,000 per annum (including all perquisites and allowances)
  • Effective period: February 16, 2026 to February 15, 2028
  • Terms and conditions remain unchanged except remuneration limit
  • Board and Nomination & Remuneration Committee approved on May 29, 2026
  • Minimum remuneration provision included in case of inadequate profits

Financial Performance Context (2024-25)

  • Revenue from operations: Not disclosed
  • Other Income: ₹181.55 lakh
  • Total revenue: ₹181.55 lakh
  • EBIDTA: ₹104.94 lakh
  • Profit before tax: ₹104.93 lakh
  • Current Tax: ₹24.00 lakh
  • Deferred tax: ₹2.30 lakh
  • Profit after tax: ₹78.63 lakh
  • Total comprehensive income: ₹(-)161.46 lakh
  • EPS (Basic & Diluted): ₹4.25
  • Industry classification: Real Estate

Director Background - Mr. Rohitkumar Mishra

  • DIN: 09515492
  • Appointment: Whole-time Director since February 16, 2023
  • Qualifications: B.Com, Inter CA
  • Experience: Finance and Accounts
  • Current shareholding: None
  • Other directorships: Prime Wovens Pvt. Ltd, Dotson Steel Pvt. Ltd, Mrinalini Trading Co Private Limited, Chinchwad Yatayat Private Limited, Richmond Traders Private Limited
  • Committee memberships: None
  • Board meeting attendance: 5 out of 5 meetings in FY2024-25

Item 2: Appointment of Mr. Ashish Rameshwar Agarwal as Independent Director

  • Special Resolution required for approval
  • DIN: 11385082
  • Initially appointed as Additional Director (Independent) on March 28, 2026
  • Proposed term: Five consecutive years from March 28, 2026 to March 27, 2031
  • Not liable to retire by rotation
  • Qualifications: Chartered Accountant with over 7 years experience in corporate and financial matters
  • Current shareholding: None in individual or beneficial capacity
  • Declaration of independence submitted as per Section 149(6) of Companies Act, 2013 and Regulation 16(1)(b) of SEBI LODR
  • Consent to act as director and non-disqualification confirmation received
  • Member notice received under Section 160(1) of Companies Act, 2013

Voting Arrangements

  • Remote e-voting period: June 21, 2026 (9:00 AM) to June 23, 2026 (5:00 PM)
  • Cut-off date for e-voting: June 16, 2026
  • Scrutinizer: Mr. Hitesh Gupta, Practicing Company Secretary
  • Result declaration: On or after June 24, 2026
  • E-voting service provider: MUFG Intime India Private Limited
  • Helpdesk contact: Mr. Rajiv Ranjan (Assistant Vice-President) at enotice@in.mpms.mufg.com or 022-49186000

Additional Information

  • Notice available on company website: www.satyamsilkmill.com
  • Physical shares: Company mandates dematerialization effective April 1, 2019 except transmission/transposition
  • Investor grievance email: satyamsilkmill@gmail.com
  • RTA: MUFG Intime India Pvt. Ltd, C-101, 247 Park, LBS Marg, Vikhroli West, Mumbai, Maharashtra, 400083