We hereby submitting Voting Result Under Regulation 44 of SEBI (LODR), 2015 for the AGM held on 26th September, 2025
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Crystal Business System Limited held its Annual General Meeting on 26 September 2025 via video conferencing, where all three resolutions were passed with the required majority. The resolutions included: (1) adoption of financial statements for the year ended 31 March 2025, which received 98.55% votes in favour; (2) re-appointment of director Mr. Arpan Gupta, which received 97.32% in favour; and (3) appointment of M/s V Kumar & Associates as Secretarial Auditor, which received 98.18% in favour. A total of 83,161 votes were polled out of 10.03 crore outstanding shares, representing a turnout of just 0.08% of equity. Notably, the promoter group holding 2.55 crore shares (~25.5% stake) did not cast any votes. The meeting was attended by 61 public shareholders via video conferencing. Vivek Kumar of V Kumar & Associates acted as scrutinizer for the e-voting process.
All routine AGM resolutions passed smoothly with strong support, so there is no governance disruption or material change expected. The extremely low voting turnout (0.08%) and promoter non-participation may raise minor corporate governance concerns for minority shareholders tracking engagement levels, though this is typical for small-cap companies with widely dispersed shareholding.