Atharv Enterprises 36th AGM: Key Votes on Pay and Related-Party Payouts

Atharv Enterprises has announced a monthly remuneration revision for key management and proposed new commissions for director relatives. The 36th AGM is scheduled for September 29, 2026, to finalize these governance and compensation proposals.

Reader Takeaway: Shareholders will vote on increased executive pay and new commission payouts for directors' children at the upcoming AGM.

What just happened

Atharv Enterprises has issued the notice for its 36th Annual General Meeting (AGM) to be held via Video Conferencing on September 29, 2026. The meeting will seek shareholder approval for the adoption of financial statements, the re-appointment of statutory auditors, and the re-appointment of key leadership, including Managing Director Mr. Pramod Kumar Gadiya for a five-year term.

Why this matters

The meeting is significant due to proposed revisions in managerial compensation and the introduction of new commission payments to related parties. The company is proposing an increase in the monthly remuneration for the Managing Director to Rs. 1.50 lakh and the Executive Director/CFO to Rs. 1.00 lakh. Furthermore, the board is seeking approval for monthly commissions of Rs. 1.00 lakh and Rs. 2.00 lakh respectively for the children of the Managing Director, Mr. Punit Gadiya and Ms. Bhumi Gadiya, for services rendered.

Governance and Participation

The meeting will be held exclusively through electronic means. Remote e-voting is scheduled to begin on September 25, 2026, and conclude on September 28, 2026. Shareholders wishing to speak during the meeting must register their interest between September 22 and September 25, 2026.

What to track next

Investors should monitor the final voting results on the special resolutions concerning these related-party transactions and the revised management compensation packages, as these decisions directly influence the company’s operating expenses.