Art Nirman AGM 2026 results: all 8 resolutions passed by shareholders

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ARTNIRMAN · price

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Price reactionminutes from the announcement price · days from the prior close

-1.9%Reaction day

₹39.60

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-2.9% vs market

Residential Commercial Projects peers, median of 66sector-0.5%-1.4% vs sector

On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 1.4 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-1.9+1.0-2.9-0.5-1.4

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+2.8+0.8+2.0-0.8+3.6

+1.0-0.5+1.5-1.5+2.5

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Art Nirman filed voting results from its 15th AGM held on September 26, 2026 in Ahmedabad. All 8 resolutions passed: adoption of FY26 audited financials, reappointment of Mr. Piyushkumar Thakkar as director, approval to give loans and investments up to INR 300 crore under sections 185 and 186, borrowing power raised to INR 300 crore, material related party transactions, and regularization of Mr. Ronak Mehta and Ms. Pooja Shah as Independent Directors. Most resolutions got 100 percent assent. The related party vote had 1.84 crore invalid ballots (related party votes excluded) before passing.

Likely market impact

Shareholders approved management plans, including a higher INR 300 crore borrowing and lending limit, which could signal expansion or related party dealings ahead.