Declaration of AGM Voting result and Scrutiniser Report
Awaiting price reaction for this filing.
Rishab Special Yarns Ltd held its 37th Annual General Meeting on 8th September 2025 in Mumbai. Out of 13,426 shareholders on record, only 27 members voted through ballot, casting 3,904 votes with zero e-voting participation. All 8 resolutions were passed unanimously with 100% votes in favour and none against. Key resolutions included adoption of FY25 audited financial statements, re-appointment of statutory auditors M/s Bhatter & Associates, and appointment of Mr. Ganesh Yadav as Managing Director and Mr. Anuj Kumar Singh as CFO. Shareholders also approved enhancing borrowing limits under Section 180(1)(c) and investment/loan/guarantee limits under Section 186 of the Companies Act, 2013.
Routine procedural filing — no material surprise. Shareholder participation was extremely low (just 27 of 13,426 shareholders voted), which is typical for small-cap companies. Enhanced borrowing limits signal the company may plan to raise additional debt in the future.