BOROSIL RENEWABLES LIMITED has informed the Exchange regarding Proceedings of Annual General Meeting held on September 23, 2025
BORORENEW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Borosil Renewables held its 62nd Annual General Meeting on September 23, 2025, via video conferencing from 11:00 AM to 11:59 AM, chaired by Mr. Pradeep Kumar Kheruka with all board members present. Shareholders were briefed on FY 2024-25 performance highlights and business updates, followed by a Q&A session where their queries were addressed. Seven resolutions were tabled, including adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, re-appointment of Mr. Ashok Jain (retiring by rotation), ratification of cost auditors' remuneration, and appointment of M/s. Dhrumil M. Shah & Co. LLP as secretarial auditor for five years. Notably, special resolutions were placed for approving fund raising through securities issuance and fixing the remuneration of Mr. Ashok Jain and Mr. P. K. Kheruka as Executive Chairman. Remote e-voting was open from September 19-22, 2025, with results to be submitted separately.
Routine procedural filing with no immediate price impact, but the special resolution for fund raising through securities (item vi) is worth watching as it could lead to potential equity dilution. The re-appointment of key directors and approval of their remuneration are standard governance items.