Polo Queen Industrial and Fintech to hold AGM, proposes director reappointments

Polo Queen Industrial and Fintech Limited will convene its 41st annual general meeting (AGM) on Tuesday, September 30, 2025, at 3:00 p.m. IST, via video conferencing/other audio-visual means. Shareholders will vote on the re-appointment of Udit P. Sanghai and Prabhas Sanghai, who are retiring by rotation.

The company also proposes the re-appointment of Umesh Kumar Agarwalla as a whole-time director for a three-year term from April 1, 2026, with a monthly remuneration up to INR 200,000. Udit P. Sanghai’s re-appointment as whole-time director is for three years from January 1, 2026, with a proposed remuneration of up to INR 500,000 per month. Prabhas Jiwanram Sanghai is proposed for re-designation to executive director and CFO for three years from May 28, 2025, with a monthly remuneration up to INR 500,000.

The AGM will also address the re-appointment of M/s. N. K. Jalan and Co. as statutory auditors for four consecutive years, and M/s. Dipti Nagori & Associates as secretarial auditors for five years, commencing from April 1, 2025, to March 31, 2030. The company reported a total income of INR 805.51 million and a net profit after tax of INR 18.49 million for the financial year ended March 31, 2025.

Shareholders can participate and vote remotely through NSDL’s e-voting system, with the remote e-voting period scheduled from September 26, 2025, at 9:00 a.m. to September 29, 2025, at 5:00 p.m. The cut-off date for voting eligibility is September 23, 2025.