Scrutinzer Report on Annual General Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Amrapali Fincap Ltd held its 21st AGM on September 27, 2025, with two ordinary resolutions put to vote: (1) adoption of the audited financial statements for FY ended March 31, 2025, and (2) regularization of Director Ms. Linaben Trusharkumar Patel (DIN: 10380090). Both resolutions passed with 100% of votes cast in favour and zero votes against. However, participation was very low — only 24,91,600 shares were polled out of 1,34,40,000 total shares, representing just 18.54% voting turnout. Strikingly, the promoter and promoter group (0%) and public institutions (0%) did not cast any votes; all voting came solely from public non-institutions (9 shareholders in person via poll and 2 via remote e-voting). Out of 36 shareholders on the record date, only 11 voted.
Both resolutions were approved unanimously among voters, so no immediate price or governance disruption is expected. However, the extremely low 18.54% turnout and complete non-participation by the promoter group may raise minor corporate governance and shareholder engagement concerns for retail investors.