Anik Industries Limited, a leading listed company with diversified business interests, has announced the outcome of its Board of Directors’ meeting held on August 23, 2025. The meeting, which began at 3:45 PM and concluded at 4:30 PM, was conducted at the corporate office of the company located in Indore, Madhya Pradesh.

The board meeting focused on important approvals and resolutions that are significant for the company’s shareholders, compliance with regulations, and smooth conduct of its upcoming 49th Annual General Meeting (AGM). The disclosure was made to both BSE Limited and the National Stock Exchange of India (NSE) in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Approval of Board’s Report and Corporate Governance Report

The Board’s Report, along with the Corporate Governance Report and all requisite annexures for the financial year 2024-25, was formally approved during the meeting. These documents are mandatory under the Companies Act, 2013, and the SEBI regulations. They provide a detailed overview of the company’s financial performance, compliance, governance practices, and management discussions.

Approval of these reports ensures transparency for shareholders and also highlights the company’s efforts to maintain high standards of governance. Corporate Governance Reports, in particular, are closely scrutinized by investors and regulators as they reflect the ethical framework and accountability within the organization.

Notice of the 49th Annual General Meeting

The board also approved the notice for the 49th AGM of the company, which will be held on Monday, September 22, 2025, at 11:30 A.M. IST. In line with modern regulatory and technological norms, the meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

Conducting AGMs through VC/OAVM has become a standard practice post-pandemic, allowing shareholders across India and abroad to participate without being physically present. This approach enhances participation, improves accessibility, and reduces logistical costs for the company and shareholders.

Closure of Register of Members & Share Transfer Books

For the purpose of AGM and to determine the eligibility of shareholders, the Register of Members and Share Transfer Books of the company will remain closed from September 12, 2025, to September 22, 2025 (both days inclusive).

This is an important compliance requirement under the Companies Act, ensuring that all eligible shareholders as of the cut-off date are able to vote on resolutions and participate in the AGM proceedings.

Appointment of Scrutinizer for E-Voting

The board also approved the appointment of Mr. Amit Jain, Proprietor of M/s. Amit Preeti & Associates, Practicing Company Secretary, Indore, as the Scrutinizer to oversee the e-voting process. His credentials include Membership No.: F-7859 & COP No.: 24303, ensuring credibility and transparency.

The scrutinizer’s role is crucial in ensuring that the e-voting process is conducted in a fair and transparent manner, safeguarding the interests of all shareholders. E-voting has become the primary method for shareholder participation in decision-making, and appointing an independent professional adds to the integrity of the process.

Shareholder Significance and Investor Implications

For shareholders, these announcements are significant as they set the tone for the upcoming AGM. The AGM serves as the platform where key decisions, including approval of accounts, dividend declarations, director appointments, and other resolutions, are taken with shareholder participation.

Moreover, the approval of governance reports and e-voting mechanisms reflects the company’s commitment towards regulatory compliance and ethical practices. Investors often view such compliance-driven disclosures positively, as they demonstrate management accountability and transparency.

Conclusion

The outcome of the board meeting of Anik Industries Limited on August 23, 2025, marks an important step towards the company’s 49th Annual General Meeting scheduled for September 22, 2025. With the approval of essential reports, finalization of AGM notice, book closure dates, and appointment of a scrutinizer, the company has laid a solid groundwork for transparent and shareholder-friendly governance.

For investors and stakeholders, the AGM will be a key event, offering insights into the company’s performance during FY 2024-25 and providing an opportunity to engage with the board on the company’s future direction.

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