Submission of scrutinizer report along with voting results in respect of 7th AGM of Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Anand Rayons held its 7th AGM on September 4, 2025 (3:00 PM to 3:20 PM) via video conferencing, and all 6 resolutions were passed. The resolutions covered: (1) adoption of FY25 audited financial statements, (2) re-appointment of Mrs. Jigisha Chorawala as director (retiring by rotation), (3) appointment of Mr. Jitendrakumar Rawal as Secretarial Auditor for 5 years from FY26, (4) alteration of the Object Clause of the MoA, (5) revision in remuneration of MD Mr. Anand Bakshi, and (6) revision in remuneration of Whole-time Director Mrs. Shilpa Anand Bakshi. Every resolution received 100% of polled votes in favour, with zero votes against. Only 43 shareholders out of 4,544 voted, representing 54.67% of outstanding equity (1,14,85,466 shares) on ordinary resolutions. On the related-party remuneration resolutions (5 and 6), promoter voting dropped to 49.3% and 89.3% of their holding respectively, as promoters abstained due to their interest.
All resolutions passed cleanly with no dissent, so no governance surprises for shareholders. However, public shareholder participation was extremely thin (only 6.47% of public shares polled), meaning outcomes were effectively driven by promoter votes. Investors should monitor the approved MD/WTD remuneration revisions as they will flow through future P&L expenses.