All 14 resolutions passed at 34th AGM including preferential allotments and new MD
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Scrutinizer report for 34th AGM held on Sept 30, 2026 confirms all 14 resolutions passed. Routine items: adoption of FY26 audited financials, reappointment of director Vinoth Kumar Mohanadas, reappointment of M Sahu & Co as auditors, regularization of Adarshana Vinoth Kumar and Dhiraj Kapur as directors, and appointment of Senthil Kumar Bellan as new Managing Director. Key capital items: increase in authorized share capital, new MOA and AOA adoption, preferential equity and warrant allotments to promoter and non-promoter investors, and approval of related party transactions. All resolutions passed with over 99 percent support.
Shareholders have approved share capital expansion, preferential allotments and a new MD, which may lead to equity dilution and leadership change.