Consolidated outcome of voting alongwith Scrutinizer''s Report and Voting Results of 38th Annual General Meeting held on Wednesday, 31st December, 2025
Awaiting price reaction for this filing.
XL Energy Ltd held its 38th AGM on 31st December 2025 via video conferencing, where all 9 resolutions were approved by the requisite majority. Voting was conducted through remote e-voting (27–30 December 2025) and e-voting at the meeting, with M/s. Suprabhat & Co acting as the Scrutinizer. A total of 17 members cast 15,22,927 votes across the resolutions. Items 1, 3, 5, 6, 7, 8, and 9 passed with 100% approval, while Items 2 and 4 (related to director re-appointments) passed with 89.51% in favour and 10.49% against. Key items included adoption of FY25 accounts, re-appointment of a director, appointment of Mr. Sandeep Kumar Hisaria as Whole-Time Director for 5 years, and ratification of the statutory auditor through FY 2029-30.
All agenda items were passed, confirming continuity in board composition and auditor appointment. The 10.49% dissent on director re-appointment items is minor and unlikely to materially affect shareholders. No immediate impact on stock price is expected from this routine procedural filing.