Voting Result of the 39th Annual General Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Apollo Finvest (India) Ltd held its 39th AGM on September 18, 2025, via video conferencing from 11:30 AM to 11:56 AM. All 5 resolutions were passed by members with overwhelming majority. The 4 ordinary/special business resolutions — adoption of audited financial statements, re-appointment of a retiring director, appointment of secretarial auditor, and approval for borrowing through issuance of Non-Convertible Debentures on private placement basis — received 99.9989% votes in favour, with 71.77% of outstanding shares participating. The 5th resolution on material related party transactions with directors/promoters passed with 99.86% approval, with only public non-institutional shareholders voting (promoter votes of 26.38 lakh were treated as invalid under SEBI Regulation 23 as promoters are interested parties). Total shareholders on record date were 5,455; 58 shareholders attended via VC.
Strong, near-unanimous shareholder support across all resolutions indicates no governance concerns. Approval to raise funds via privately placed NCDs gives the company borrowing flexibility. The related party transaction cleared solely on public shareholder votes, ensuring procedural compliance and minority shareholder protection.