Voting Results of the 31st Annual General Meeting of the company held on 10th September 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Balurghat Technologies Ltd held its 31st AGM on 10 September 2025 via video conferencing, where all 7 resolutions were passed with overwhelming shareholder support (99.9997% in favour). The resolutions included adoption of FY25 audited financial statements, re-appointment of Mr. Pawan Kumar Sethia as Director (retiring by rotation), re-appointment of Mr. Ravikant Sethia as Whole-Time Director with revised remuneration, revision in remuneration for Managing Director Pawan Kumar Sethia and Whole-Time Director Arun Kumar Sethia, revision in remuneration for Mr. Apurv Sethia (holding office/place of profit), and appointment of M/s Prity Bishwakarma & Co as Secretarial Auditor for a 5-year term. Promoters voted on 96.17% of their holding while public non-institutions voted on roughly 27% of their shares. Total voting turnout was about 50.4% on non-related resolutions and 50.07% on promoter-related resolutions.
Routine compliance filing — all agenda items passed easily with near-unanimous support, indicating no shareholder dissent. The revision in remuneration for promoter-family directors (Sethia family) was approved despite related-party interest, which is a governance point minority shareholders may want to track for future disclosure on the actual quantum.