Scrutinizer report 2024-2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Artefact Projects Ltd held its 37th AGM on September 25, 2025 in Nagpur, and all 10 resolutions were passed with overwhelming majority (over 97% in favour). Shareholders approved the audited financial statements for FY ending March 31, 2025, and a final dividend of Rs. 0.50 per equity share (5% on face value of Rs. 10). They also approved the re-appointment of directors Mrs. Ankita Shah, Mr. Siddharth P. Shah (Whole Time Director), and Mr. Kaustubh Paunikar (Independent Director), the appointment of CS Khushal Bajaj as Secretarial Auditor for five years (FY2025-26 to FY2029-30), and the related party transactions. Additionally, shareholders cleared a hike in authorised share capital along with a corresponding amendment to the Capital Clause of the Memorandum of Association, and approved capital expenditure for business expansion and strategic growth initiatives. Total valid votes cast on most resolutions were about 31.25 lakh shares, with very few dissenting votes.
All resolutions sailed through comfortably, signalling strong shareholder support for the company's plans including dividend distribution, share capital expansion, and capex for growth. The final dividend of Rs. 0.50 per share rewards existing shareholders, while the authorised capital increase and business expansion approval give the company room to fund future growth. No major governance red flags as dissent was minimal across the board.