Please find the attached 39th AGM Result held on 30-09-2025 at 2.30 pm and ended at 3.12pm. Kindly take a note of the same. For Colinz Labs Ltd Director
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Colinz Laboratories Ltd held its 39th AGM on 30th September 2025 via video conferencing, with 3,308 shareholders on record and 105 attending through VC. Out of 4 resolutions, 3 were approved: (1) adoption of audited financial statements for FY25 passed with 100% in favour (15.24 lakh votes), (2) re-appointment of Dr. Mani L. S. as Director passed with 100% in favour (6.56 lakh votes), and (4) reappointment of Mr. N. K. Menon as Whole Time Director & CEO with remuneration passed with 100% in favour (6.56 lakh votes). Resolution No. 3, seeking appointment of Mr. Swapnil Jayeshbhai Madiyar as Non-Executive Non-Independent Director, was rejected by shareholders with 99.40% votes against it (only 0.60% in favour). Notably, even the promoter group voted 99.39% against this appointment.
The rejection of the director appointment (Resolution 3) is a notable event, especially since promoters themselves voted against it, signalling internal disagreement or concerns about the appointee. Approval of financial statements and reappointment of the Chairman and CEO indicate routine continuity. Investors should monitor how the company addresses the failed resolution and its implications for board composition.