Sam Industries Limited has announced its 32nd Annual General Meeting (AGM), scheduled for Wednesday, September 30, 2026. A key agenda item is the proposed re-appointment of Mr. Ashutosh A. Maheshwari as Whole-time Director for a three-year term. The company also outlines his remuneration package, which includes a basic salary of ₹25.00 Lakhs per month. Members will vote on this special resolution during the AGM.
32nd Annual General Meeting Announced
Sam Industries Limited has formally announced its 32nd Annual General Meeting (AGM). The meeting is scheduled to be held on Wednesday, September 30, 2026, commencing at 4:00 P.M. The proceedings will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).
Director Re-appointment and Remuneration
A significant item on the AGM’s agenda is the proposed re-appointment of Mr. Ashutosh A. Maheshwari (DIN: 00094262) as a Whole-time Director. This re-appointment is for a period of three years, effective from October 1, 2026, to September 30, 2029. The Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee, has approved this proposal.
The remuneration package for Mr. Maheshwari’s re-appointment has also been detailed. His basic salary will be ₹25.00 Lakhs per month (₹3 Crores per annum). This includes various benefits such as leave travel allowance, medical expenses, club fees, provision for a car with driver, and telephone facilities at residence, all subject to the company’s rules and applicable laws.
Other Ordinary Business
In addition to the special business, the AGM will also address ordinary business items. These include the receipt, consideration, and adoption of the Audited Financial Statements for the financial year ended March 31, 2026. Furthermore, the meeting will consider the re-appointment of Mr. Ashutosh A. Maheshwari as a Director retiring by rotation.
Source: BSE
