Voting Results along with the Consolidated Scrutinizer report of the 65th AGM of the company.
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Baroda Rayon Corporation Ltd held its 65th AGM on September 27, 2025, with 78,276 shareholders on record. Six resolutions were put to vote through remote e-voting and physical ballot, and all were passed with overwhelming support. Adoption of audited financial statements for FY ended March 31, 2025 was approved with 99.99% votes in favour (18,728,130 for, 275 against). Re-appointment of Mrs. Vidhya Bhavani as Director, Mr. Damodarbhai Patel as Managing Director, and Mr. Viral Bhavani as Whole Time Director each received 99.99% support (3,331,037 for, 275 against). Appointment of Mr. Manish R. Patel as Secretarial Auditor and the special resolution authorizing investments, loans, and guarantees exceeding Section 186 limits were approved with 100% votes in favour.
All six resolutions passed with near-unanimous approval, indicating strong shareholder confidence in management and no governance concerns. The reappointment of key directors secures leadership continuity, while the Section 186 authorization gives the board flexibility for future investments and lending activity.