AGM results: 5 of 7 resolutions passed, 2 loan proposals rejected
ANTGRAPHIC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Antarctica Limited held its 34th AGM on September 28, 2026 via video conferencing. Of 7 resolutions, 5 passed including FY26 financial statements, FPI limit hike to 49 percent, related party transactions up to Rs 50 crore, director appointment, and secretarial auditor appointment. Two special resolutions on loan advances under Section 185 and raising investment threshold under Section 186 to Rs 100 crore were rejected with only 69 percent support versus 75 percent required. Only 2.17 percent of outstanding shares voted.
Two loan-related proposals rejected signals shareholder governance pushback. Low 2.17 percent voting turnout reflects limited retail engagement in this small-cap stock.