Voting Results & Scrutinizer''s Report
AKSHOPTFBR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Aksh Optifibre Limited held its 39th AGM on September 28, 2026 via video conferencing, lasting just 12 minutes. All four ordinary resolutions were passed with overwhelming support, receiving over 99.97% votes in favour in each case. The resolutions included adoption of audited financial statements for FY ending March 31, 2026, re-appointment of Dr. Kailash Shantilal Choudhari (the promoter) as a director retiring by rotation, re-appointment of Mr. Satyendra Kumar Gupta as Professional Consultant, and ratification of Cost Auditor's remuneration for FY ending March 31, 2027. Voting was conducted through remote e-voting and Insta Poll, with around 23.71% of total shares (3.86 crore out of 16.27 crore) participating. Importantly, the company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, following an NCLT Jaipur order dated June 19, 2026, with subsequent NCLAT modifications keeping the company under IRP supervision with the promoter's assistance.
For shareholders, the resolutions were routine and approved with near-unanimous support, reflecting smooth proceedings. However, the active CIRP status remains the most significant factor affecting the stock — the insolvency process and NCLAT's ongoing oversight continue to create uncertainty about the company's future, restructuring, and recovery prospects for shareholders.