Sungold Media and Entertainment Ltd Holds 31st Annual General Meeting; Seeks Approval for MD Remuneration and Director Reappointment

Sungold Media and Entertainment Ltd Holds 31st Annual General Meeting; Seeks Approval for MD Remuneration and Director Reappointment​

Sungold Media and Entertainment Limited has scheduled its 31st Annual General Meeting (AGM) for June 30, 2026. The company will utilize this meeting to review audited financial statements, seek approval for the remuneration of Chairman and Managing Director, and consider the re-appointment of a director who retires by rotation.

The AGM is set to be held at the registered office of the company located at 102, 1st Floor, 36, Shri Rang Residency, Vadia, Rajpipla, Narmada, Nandod, Gujarat, India, on Tuesday, June 30, 2026, starting at 11:00 A.M.

AGM Timeline and Key Deadlines​

The company has established specific dates for member participation in the upcoming General Meeting. The book closure period for the AGM runs from Wednesday, June 24, 2026, to Tuesday, June 30, 2026 (both days inclusive). The final cut-off date for determining members for the meeting is Tuesday, June 23, 2026.

Board Agenda Highlights​

The notice outlines several key business items requiring member consideration:

Ordinary Business:
1. To consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, including the Balance Sheet, Profit & Loss Account, and the Reports of the Auditors and Directors.
2. To appoint a Director in place of Mr. Keyur Gandhi (DIN: 03494183), who is retiring by rotation but is eligible for re-appointment.

Special Business:
The members are required to approve the remuneration payable to Raj Kotia, Chairman and Managing Director, for the remaining two years from March 23, 2026, to March 22, 2028. The proposed remuneration is Rs. 1,50,000/- per month, inclusive of all perquisites, pending approval by the members as a Special Resolution.

Director and Personnel Details​

Mr. Keyur Gandhi, whose details were reviewed during the AGM, has been serving as a Non Executive Non Independent Director since October 11, 2013. His last drawn remuneration for the financial year 2025-26 was Rs. 12,000/-. Mr. Gandhi is noted for his expertise in Print and Electronic Media and Graphics and Designing and holds the position of Chairman of Stakeholder's Relationship Committee.

Investor Services and E-Voting Facility​

Sungold Media and Entertainment Ltd has provided an electronic voting (e-voting) facility through National Securities Depository Limited (NSDL). This mechanism allows shareholders to cast their votes electronically for the resolutions presented at the AGM.

The remote e-voting period is scheduled as follows:


Members who are recorded in the register of members as of the cut-off date (June 23, 2026) are entitled to avail the e-voting facility and voting through a ballot paper at the AGM. Shareholders holding securities in Demat mode with NSDL can access the e-Voting system using their DP ID and Client ID, while members holding shares in physical form should use the provided Folio Number format for login.

Stock Price Movement​

Sungold Media and Entertainment Ltd. settled on Thursday at ₹11.44, reflecting a decline of 4.98% in its shares. The stock traded completely flat throughout the session, remaining locked at the ₹11.44 level.