BSEChothani Foods LtdLowNeutral
Announced Tue, 30 Sept · 20:40 IST

Pursuant to Regulation 44(3) of SEBI (LODR) Regulations, 2015 please find enclosed herewith the details of voting results of the business transacted at the 12th Annual General Meeting held ....

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

Chothani Foods Limited held its 12th AGM on September 30, 2025, where all 3 resolutions were passed with 100% votes in favour. The resolutions included approval of the audited financial statements for FY ending March 31, 2025, re-appointment of Mr. Neeraj Ashok Chothani as Managing Director (who retires by rotation), and appointment of Ms. Monika Thanvi as an Independent (Non-Executive) Director. Voting was conducted via physical ballot at the venue since the company is exempt from providing e-voting facility under SEBI ICDR Chapter XB. Only 10 out of 138 shareholders attended the meeting (5 promoters and 5 public), and the meeting lasted just 36 minutes from 11:00 AM to 11:36 AM. The Scrutinizer was Sharatkumar K Shetty of Sharatkumar Shetty & Associates.

Likely market impact

All resolutions were passed unanimously with no votes against, indicating smooth governance with no shareholder dissent. The re-appointment of the Managing Director and addition of a new Independent Director strengthen the board composition. The extremely low shareholder turnout (only ~7% attended, ~30% polled votes) is typical of small-cap companies and is not a negative signal for the stock.