Kiran Vyapar holds 29th AGM, approves financials and key appointments

Kiran Vyapar Limited held its 29th annual general meeting (AGM) on September 20, 2025, at 12:30 p.m. (IST) via video conferencing, with Lakshmi Niwas Bangur, chairman, presiding. The meeting successfully adopted the standalone and consolidated annual audited financial statements for the fiscal year ended March 31, 2025, and approved the declaration of a dividend on equity shares for the same period.

Key resolutions passed included the re-appointment of Amit Mehta as a director and the appointment of MR & Associates as secretarial auditors for five years. Lakshmi Niwas Bangur was approved as the managing director. Members also approved the payment of commission to non-executive directors and an increase in borrowing limits under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013.

Additionally, the AGM sanctioned material related-party transactions, including granting and availing loans with group companies, and subscriptions in securities and transfer of loan exposure with Shree Krishna Agency Limited, a subsidiary. The meeting, which provided remote e-voting facilities, concluded at 1:02 p.m.