SSMD Agrotech India Ltd Approves Annual Reports and Directors at Board Meeting
SSMD Agrotech India Ltd, formerly known as SSMD Agrotech India Pvt. Ltd., concluded its Third Board Meeting for Fiscal Year 2026-27 on June 12, 2026. The meeting included the approval of the company’s Annual Report and strategic decisions regarding key directorships and forthcoming general meetings.The Board reviewed and adopted several critical matters concerning financial performance and governance. These approvals included the Monitoring Agency Report for the quarter ending March 31, 2026, relating to the utilization of IPO proceeds. Additionally, the company approved the Annual Report for the Financial Year ended March 31, 2026, along with the Board's Report and all statutory disclosures related thereto.
The meeting addressed significant appointments involving members of the management team. The Board reviewed the re-appointment of Mr. Jai Gopal Munjal, a Director liable to retire by rotation. Following deliberation, the proposal was approved and recommended for the ensuing Annual General Meeting (AGM).
Furthermore, based on the recommendation of the Nomination and Remuneration Committee, the Board approved the regularization of Mrs. Vandana Munjal as an Executive Director of the company. This appointment is subject to ratification by the members at the AGM.
E-voting and AGM Details Confirmed
The Board also approved key dates and procedural elements leading up to the Annual General Meeting (AGM). The notice for the AGM, scheduled for Sunday, July 05, 2026, at 11:30 A.M., was approved by the Board, and Mr. Ishu Munjal, Managing Director, was authorized to issue the meeting notice.The Board established June 29, 2026, as the cut-off date for determining member eligibility for remote e-voting and e-voting at the AGM. The remote e-voting period is set to begin on Thursday, July 02, 2026, at 09:00 A.M. (IST) and conclude on Saturday, July 04, 2026, at 05:00 P.M. (IST). M/s G Rishabh & Co., Practicing Company Secretaries, have been appointed as the Scrutinizer for conducting both the remote e-voting process and the AGM voting.
The following table provides details regarding the directors involved in the approvals made during the meeting:
| Director Name | Designation | Age | Proposed Remuneration | Expertise |
|---|---|---|---|---|
| Mrs. Vandana Munjal | Executive Director | 58 | 100,000 | Over 20 years in FMCG Industry |
| Mr. Jai Gopal Munjal | Non-Executive Director | 61 | 100,000 | Over 35 years in FMCG Industry |
Director details include their relationship with Managing Director and Promoter Mr. Ishu Munjal; Mrs. Vandana Munjal is the Mother of Mr. Ishu Munjal, while Mr. Jai Gopal Munjal is the Father of Mr. Ishu Munjal. Mr. Jai Gopal Munjal attended 18 meetings during FY 2025-26.
Stock Price Movement
As of 13:45, SSMD Agrotech India Ltd shares are ticking up by 2.25%, currently trading at ₹59.00. The shares experienced movement during the day, with the stock range spanning from a low of ₹55.00 to an intraday high of ₹59.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.