Voting Result of the Annual General Meeting held on 30th September, 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Chandrima Mercantiles Ltd held its AGM on 30th September 2025 via video conferencing, lasting just 7 minutes (4:18 PM to 4:25 PM). All 5 resolutions were passed with near-unanimous support — 11,78,58,503 votes in favour versus only 20 votes against out of 11,78,58,523 votes polled (53.06% of total 22,21,13,000 shares). Key resolutions included adoption of FY25 audited financials, re-appointment of director Mr. Pranav Trivedi, increase in authorised share capital, issuance of bonus equity shares by capitalising reserves (a special resolution), and appointment of M/s Jay Pandya & Associates as secretarial auditor for 5 years. Notably, promoters did not participate in voting at all — only 16 public non-institutional shareholders voted.
The bonus share issuance (Special Resolution) and corresponding increase in authorised share capital are the most significant outcomes — shareholders will likely receive additional free shares once the bonus ratio is announced and record date set. Near-unanimous approval suggests no shareholder dissent, though only about half the total shares voted and promoter non-participation may be worth noting.