35th AGM voting Result under Regulation 44 of SEBI (LODR)
Awaiting price reaction for this filing.
Advance Syntex Ltd (BSE: 539982) has submitted the voting results of its 35th AGM held on September 30, 2025 via video conferencing. All three ordinary resolutions were passed with the required majority. Resolution 1 (adoption of audited financial statements for FY ended March 31, 2025) was passed unanimously with 2,867,984 votes (100%) in favour. Resolution 2 (re-appointment of Director Praful Ramanlal Pandya, who retires by rotation) and Resolution 3 (re-appointment of Statutory Auditors for 5 years and fixing their remuneration) each received 2,865,484 votes in favour (99.91%) and 2,500 votes against (0.09%). The Scrutinizer flagged a compliance concern: the AGM notice omitted a mandatory resolution for the appointment of a Secretarial Auditor under Section 204 of the Companies Act, 2013 and Regulation 24A of SEBI (LODR), which the Board has been advised to address in a future EGM.
Routine disclosure of AGM outcomes with no material change expected for shareholders — all agenda items passed. However, the flagged non-compliance regarding the missing Secretarial Auditor appointment resolution is a governance red flag that investors should monitor, as it may invite regulatory scrutiny and require corrective action via an EGM.