Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
AG Ventures Limited has announced the results of its postal ballot conducted via e-voting from September 17 to October 16, 2025. A special resolution to change the Object Clause (Clause 3) of the company's Memorandum of Association was passed with overwhelming shareholder approval. Of the total 57,28,278 valid votes polled, 99.977% (57,26,960 votes) were cast in favour and only 0.023% (1,318 votes) against. Promoters voted 100% in favour with their entire holding of 51,71,124 shares, while public institutions and non-institutions also voted overwhelmingly in favour (99.998% and 98.49% respectively). The turnout among public non-institutional shareholders was modest at 2.30% of their holdings, but institutions polled 44.27% of their shares.
The change in object clause gives the company more flexibility to diversify into new business areas beyond its current defined objects. For shareholders, this is a procedural corporate housekeeping item that has been cleared without controversy, with near-unanimous support from all categories of investors.