35th AGM results - 4 resolutions passed including capital reduction
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 11.1 pts more than Nifty Microcap 250 and 11.8 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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35th AGM held on 30 Sep 2026 via video conference. 4 resolutions passed with over 99% approval: FY26 financials adoption, re-appointment of Sushila Kabra as director, regularization of Vemula Jalaprasad as whole-time executive director, and scheme of share capital reduction. Total votes: about 24.69 lakh.
Share capital reduction scheme approved by shareholders, signaling potential restructuring or capital return to shareholders.