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Sanghvi Movers Limited shareholders to vote on Articles of Association and executive pay
03-Aug-2026, 07:27
Sanghvi Movers Limited will hold its Annual General Meeting on May 20, 2026, and shareholders are asked to approve two special resolutions requiring a 75% voting threshold. One resolution seeks to amend the company’s Articles of Association to align the definition of “Equity Shares” with its new capital structure following a stock split, while the other requests ratification of Managing Director Rishi C. Sanghvi’s remuneration, which exceeded regulatory limits due to performance-linked incentives. Shareholders who hold shares in demat form are urged to update their email addresses and mobile numbers with their Depository Participant to participate in e-voting and a virtual meeting, requiring registration at least five days prior to the AGM by emailing sml.cs@sanghviglobal.com. E-voting will be conducted through the CDSL e-Voting platform, and those attending the virtual meeting can also vote during the session, with electronic votes taking precedence.
Sanghvi Movers Limited will hold its Annual General Meeting on May 20, 2026, and shareholders are asked to approve two special resolutions requiring a 75% voting threshold. One resolution seeks to amend the company’s Articles of Association to align the definition of “Equity Shares” with its new capital structure following a stock split, while the other requests ratification of Managing Director Rishi C. Sanghvi’s remuneration, which exceeded regulatory limits due to performance-linked incentives. Shareholders who hold shares in demat form are urged to update their email addresses and mobile numbers with their Depository Participant to participate in e-voting and a virtual meeting, requiring registration at least five days prior to the AGM by emailing sml.cs@sanghviglobal.com. E-voting will be conducted through the CDSL e-Voting platform, and those attending the virtual meeting can also vote during the session, with electronic votes taking precedence.