Scrutinizer report and voting results of 43rd AGM of the Company.
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Bihar Sponge Iron Limited held its 43rd Annual General Meeting on September 25, 2025, via video conferencing, lasting from 3:30 PM to 3:57 PM. All six resolutions were approved by shareholders with overwhelming majority — over 99.96% in favour on each. Key items passed include adoption of FY25 audited financial statements, re-appointment of Mr. Abhishek Modi as a director retiring by rotation, continuation of Mrs. Kumkum Modi as non-executive director (passed as a special resolution under SEBI LODR Regulation 17(1A)), approval of material related party transactions, appointment of Soniya Gupta & Associates as secretarial auditor for a 5-year term, and ratification of cost auditor remuneration for FY26. Out of 60,134 shareholders on record date, total votes polled were 56,621,299 (62.77% of outstanding shares), with the promoter group accounting for roughly 89.68% of votes polled. Ms. Soniya Gupta, Practicing Company Secretary, served as scrutinizer and confirmed all resolutions were duly passed with requisite majority.
All agenda items were cleared without controversy, indicating smooth governance and no shareholder dissent on key matters including director appointments and related party transactions. Given the dominant promoter shareholding (~69% of total equity), voting outcomes are largely pre-determined and this filing is procedural rather than market-moving.