BSEBSEL Algo LtdLowNeutral
Announced Mon, 29 Sept · 23:15 IST

Outcome of remote e-voting and e-voting at the 30th AGM of the Company held on Saturday, September 27, 2025

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.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

BSEL Algo Limited held its 30th Annual General Meeting on September 27, 2025, via video conferencing, and all 5 resolutions were passed with 100% votes in favor. The resolutions included adoption of audited financial statements (standalone and consolidated) for FY ending March 31, 2025, re-appointment of Mr. Ashish Vidyasagar Dube as Director (retiring by rotation), re-appointment of M/s. Gada Chheda & Co. LLP as Statutory Auditors, appointment of M/s. Sunita Dube & Associates as Secretarial Auditors, and appointment of Mr. Mohit Kishor Jain as Managing Director (promoter group interested). On a record date of September 19, 2025, the company had 65,466 shareholders; 95 members cast votes representing 21,110,469 shares (about 24.37% of total outstanding shares). Notably, for the MD appointment resolution, 10,300,000 promoter group votes were declared invalid.

Likely market impact

This is a routine procedural filing with all resolutions passing unanimously, indicating no shareholder dissent. The appointment of Mr. Mohit Kishor Jain as Managing Director is the key governance change, while the invalidation of 10.3 million promoter votes on that resolution is a procedural note worth flagging for shareholders.