PROCEEDINGS OF 42 AGM - 29.09.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Decorous Investment & Trading Co Ltd held its 42nd AGM on 29 September 2025 via video conferencing from 11:00 AM to 12 noon, with the requisite quorum present. Independent Director Mr. Jitendra Kumar chaired the meeting, and M/s B. Bhushan & Co. was appointed as Scrutinizer for the e-voting process. Shareholders transacted six resolutions, including adoption of the audited financial statements for FY ending 31 March 2025, re-appointment of Mr. Amit Gupta as Director (retiring by rotation), and ratification of M/s G.K. Kedia & Co. as Statutory Auditors. Two special resolutions were also passed: one enabling loans, guarantees, or investments exceeding prescribed limits under Section 186 of the Companies Act, 2013, and another appointing Mr. Ashok Kumar as Executive Non-Independent Director and Whole Time Director & CFO for a five-year term. M/s B. Bhushan & Co. was additionally appointed as Secretarial Auditors for five years. Voting results combining remote e-voting and e-AGM poll were to be announced and submitted to stock exchanges within the prescribed timeline.
This is a routine procedural filing confirming the AGM was held and standard business items were discussed. No immediate impact on shareholders or stock price is expected; shareholders should await the voting results announcement to confirm passage of the resolutions, particularly the special business items related to investment powers and the new executive appointment.