Announced Mon, 29 Sept · 11:49 IST

Attached Proceeding of 47th AGM held on 29th September,2025 on 11.00 am and closed at 11.40 am.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Austin Engineering Company held its 47th AGM on 29th September 2025 from 11:00 am to 11:40 am at Bhesan, Junagadh, chaired by Mr. Hiren N. Vadgama with 34 members in attendance. All five resolutions were passed with the requisite majority, including adoption of audited standalone and consolidated financial statements for FY ended 31st March 2025. Mr. Rajan Ramniklal Bambhania was re-appointed as director (retiring by rotation), and M/s J C Ranpura & Co was re-appointed as Statutory Auditor for a second 5-year term up to FY 2029-30. The remuneration of Rs. 50,000 per annum for M/s Sagar M. Kapadiya & Co as Cost Auditor for FY 2025-26 was ratified, and M/s Shahs & Associates was appointed as Secretarial Auditor for 5 years till FY 2029-30.

Likely market impact

This is a routine procedural filing confirming smooth completion of the AGM with no contentious issues. The re-appointment of auditors and director continuity signal stable governance with no immediate effect expected on the stock price.