Voting results for the Annual General Meeting held on 19.9.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Deepak Spinners Limited held its 43rd Annual General Meeting on September 19, 2025, via video conferencing, attended by 39 shareholders (5 promoter group and 34 public). Out of 7,189,368 total shares, 2,424,492 votes were polled (73.21% participation). All voting resolutions passed with requisite majority. The resolution to adopt the Audited Financial Statements for FY ending March 31, 2025, approve Cost Auditor remuneration, and appoint Secretarial Auditors were each passed with 99.99996% support. One resolution regarding re-appointment of Shri Shantanu Daga was declared redundant after he resigned on September 14, 2025. The appointment of Shri Raja Ram Kankani as Director and as Whole Time Director (President) both passed with 88.61% support, with notable dissent of about 11.39% coming primarily from the promoter group (276,182 votes against).
Routine AGM outcome with all key resolutions approved, though shareholders should note the resignation of Director Shri Shantanu Daga just before the AGM and the meaningful promoter group dissent (~11.4%) on the appointment of Shri Raja Ram Kankani as Whole Time Director, which may warrant follow-up on his proposed terms.