Announced Thu, 31 Jul · 19:06 IST

Scrutinizer report and Voting results of the 17th AGM

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Bhatia Communications & Retail (India) Ltd held its 17th Annual General Meeting on July 30, 2025, via video conferencing, where shareholders approved all 5 resolutions. Resolution 1: adoption of audited financial statements for FY ended March 31, 2025 (100% in favour). Resolution 2: declaration of a 1% dividend (Re. 0.01 per share) with 99.9996% in favour (92,348,683 votes for, 401 against). Resolution 3: re-appointment of Mrs. Kamleshkumari Harbanslal Bhatia as director, retiring by rotation (100% in favour). Resolution 4: appointment of secretarial auditors (100% in favour). Resolution 5 (special resolution): authorisation to make investments, give loans and guarantees exceeding Section 186 limits (99.9999% in favour). Voting turnout was 73.79% of outstanding shares (92.35 million of 125.15 million), with promoters holding 73.88% of the equity.

Likely market impact

Routine AGM business concluded with a token dividend of Re 0.01 per share confirmed. Outcomes were largely predetermined by the promoter's ~74% stake, so the near-unanimous results carry no surprise signal for shareholders.