PROCEEDINGS OF 60TH AGM HELD ON 30TH SEPTEMBER, 2025
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Aplab Limited held its 60th AGM on September 30, 2025, via video conferencing, lasting just 11 minutes (11:30 a.m. to 11:41 a.m.). The meeting was chaired by Mrs. Amrita P. Deodhar and addressed by Managing Director Mr. Sanjay N. Mehta. Corporate representations covered 5,23,147 shares, or 4.16% of equity share capital. Five resolutions were passed unanimously, including adoption of FY25 audited financials, re-appointment of Mrs. Deodhar as director, appointment of Mr. Mehta as Managing Director for 3 years (Sept 2025 to Aug 2028), change of Mrs. Deodhar's designation to Chairperson-cum-Whole Time Director (effective Sept 1, 2025 till April 24, 2027), and appointment of Mrs. Rama Subramanian as Secretarial Auditor for 5 years. Remote e-voting was conducted through NSDL from September 27-29, 2025.
No material adverse impact for shareholders — all five resolutions, including key director appointments and remuneration, were passed unanimously. The change in designation of Mrs. Deodhar (who has crossed 80 years of age) and the 3-year re-appointment of Mr. Mehta provide continuity in leadership, which should be viewed as routine and stable for the stock.