Bindal Exports Limited hereby submits Voting Results and Scrutinizer''s Report for the 18th Annual General Meeting held on 23rd September, 2025.
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Bindal Exports Ltd held its 18th Annual General Meeting on 23rd September 2025 at its registered office in Surat, Gujarat. A total of 74 shareholders were on record as of 16th September 2025, with 9 shareholders (3 promoters and 6 public) attending in person. All 8 resolutions were passed with 100% votes in favour. Key items approved include adoption of audited financial statements for FY ending 31st March 2025, re-appointment of M/s Rajesh Bhauwala & Co. as statutory auditors until 2030, and re-appointment of Mr. Ravindrakumar Kanhaiyalal Arya as Managing Director for 5 years. The remuneration of Whole-Time Director Mr. Anupam Ravindra Arya was increased to Rs. 48 lakhs per annum for FY 2025-26. Material related party transactions up to Rs. 10 crore each with Jaybharat Filaments, Bindal Silk Mills, and Bindal Exim were approved. Ms. Nandita Manoj Goyal was regularized as Independent Director for 5 years. Promoters abstained from voting on resolutions where they were interested.
The smooth passage of all resolutions with unanimous support indicates strong shareholder confidence, though low public participation (only 7.48% of outstanding shares voted on promoter-related items) suggests limited retail investor engagement. The increase in director remuneration and ongoing related party transactions are governance points worth monitoring.