Voting Results and Scrutinizer''s Report for the 33rd Annual General Meeting of the company
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Ajwa Fun World & Resort Ltd held its 33rd Annual General Meeting on July 16, 2025 via video conferencing. Five resolutions were put to vote and all were passed with 100% votes in favour. Out of 63.90 lakh total shares, 31.37 lakh shares (49.09%) were polled by 12 shareholders, with zero votes against any resolution. Key items approved include adoption of audited FY25 financial statements, reappointment of Mr. Rahil Jain (retiring by rotation), reappointment of Mr. Rajeshkumar Chunilal Jain as Managing Director, appointment of V N Vasani & Associates as Secretarial Auditors for a five-year term, and an increase in the threshold for loans, guarantees, securities and investments under Section 186 of the Companies Act, 2013.
Routine AGM outcomes with full shareholder support on all items, but voting turnout was moderate at around 49% of outstanding shares. The Section 186 threshold increase gives management more flexibility to extend loans, give guarantees and make investments, which shareholders should monitor. Reappointment of the Managing Director ensures leadership continuity.