Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Astal Laboratories Limited (formerly Macro International Limited) held its 32nd Annual General Meeting on September 12, 2025 via video conferencing. All 7 resolutions were passed, including 3 ordinary resolutions (adoption of audited financial statements for FY ended March 31, 2025, re-appointment of Non-Executive Director Ms. Ravikanti Shailaja, and appointment of secretarial auditors) and 4 special resolutions (increasing borrowing limits under Section 180(1)(c), creating mortgage/charge on assets under Section 180(1)(a), authority for investments/loans/guarantees under Section 186, and approving Section 185 transactions). Out of 9,830,070 total shares, 5,736,089 shares (58.35%) were polled, with promoters voting 100% in favor. Each resolution passed with 97-99% of votes in favor, against a small minority (1.4-2.2%).
All resolutions were approved with overwhelming support. The special resolutions on borrowing limits, creating charges, and inter-company transactions give the company significant financial flexibility going forward, which could mean increased debt or related-party activity in the future.