Scrutinizer"s Report along with voting Results with respect to the Extra-Ordinary General Meeting of the Company held on May 21, 2026.
DECNGOLD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Deccan Gold Mines Limited held an Extra-Ordinary General Meeting on May 21, 2026 via video conferencing. Members voted on one Ordinary Resolution — approval of Material Related Party Transaction(s) between the Company and its Wholly Owned Subsidiary, and between the Company and/or its WOS with other Subsidiaries. A total of 4,15,88,952 valid votes were cast. The resolution was passed with 91.25% in favour (3,79,48,434 votes) and 8.75% against (36,40,518 votes). Promoter/Promoter Group abstained from voting entirely (0 shares). Public institutional investors voted 100% in favour, while public non-institutional voters gave near-unanimous approval with only 76 votes against out of 37,948,510 polled.
The resolution passed comfortably with requisite majority, but the complete promoter abstention signals potential conflict of interest in the related party transaction. The 8.75% dissent from public shareholders is notable and may attract regulatory scrutiny under SEBI LODR norms.