Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arex Industries Ltd (BSE: 526851) held its 36th Annual General Meeting on September 29, 2025, via video conferencing. All 8 resolutions were passed with overwhelming shareholder approval, with 99.38% of votes in favour and only 0.62% against. The resolutions covered adoption of audited financials for FY25, re-appointment of three directors (Neel Bilgi, Chirag Bilgi, and Dinesh Bilgi) by rotation, re-appointment of all three Bilgi family members as Managing Director / MD-Cum-CFO for a new term effective August 1, 2026 (special resolutions), alteration of the Object Clause of the Memorandum of Association, and appointment of M/s. Preyansh Shah & Associates as Secretarial Auditor. Total voting turnout was about 51.58% of the 35.99 lakh outstanding shares, with promoters (holding ~70.6%) voting entirely in favour. Only 11,467 votes were cast against any resolution, indicating near-unanimous promoter-led support. The meeting lasted from 12:30 p.m. to 12:47 p.m., and the scrutinizer was Abraham Pingle & Associates.
This is a routine procedural filing with no material surprises — all resolutions sailed through comfortably, including the continuation of the promoter family's leadership for another term. Minor shareholder dissent was negligible at under 1%, so the stock price is unlikely to react meaningfully. Shareholders should note the change in the company's object clause, which could signal a future diversification or strategic shift.