Announced Thu, 27 Aug, 2026 · 17:53 IST

41st AGM outcome - all 3 resolutions passed; MD appointment got 85% support

Board & Shareholder Meetings View source PDFExplain this filing

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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+2.9% vs market
TV Broadcasting & Software Production peers, median of 16sector-0.2%+3.4% vs sector

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 3.4 pts more than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Colorchips New Media held its 41st AGM on 25 Aug 2026 via video conferencing. All 3 resolutions passed: adoption of FY26 audited financials (98.11% in favor), re-appointment of Mr. Saurabh Ramdorai as director (98.11% in favor), and appointment of Mr. Shankar Ravi Chaganti as Managing Director (85.01% in favor, 14.99% against). Voting turnout was very low at 0.0224 percent of outstanding shares (3,815 votes polled out of 1.70 crore shares).

Likely market impact

Routine items passed with strong support, but MD appointment saw 15 percent dissent. Very low voter turnout noted.