Submission of Scrutinizer''s consolidated report on remote e-voting and e-voting conducted during the AGM
DHARAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dharan Infra-EPC Limited filed the Scrutinizer's consolidated report for its 18th Annual General Meeting held on December 29, 2025 via video conferencing. The remote e-voting window ran from December 25 to December 28, 2025, with the cut-off date set as December 22, 2025. Only Resolution No. 1 — adoption of the audited standalone and consolidated financial statements for FY ended March 31, 2025 — was taken up for voting, and it was passed overwhelmingly with 7.25 crore shares (99.48%) voted in favour by 43 members, against just 3.77 lakh shares (0.51%) from 4 members. Resolutions 2, 3, and 4 — covering director reappointment, secretarial auditor appointment, and cost auditor remuneration ratification — were NOT taken up because the company is currently under Corporate Insolvency Resolution Process (CIRP), with the powers of the Board of Directors suspended. Palak Desai is acting as the Interim Resolution Professional.
For shareholders: the financial statements for FY25 are formally adopted, but the ongoing CIRP and suspended Board powers are a material concern. The deferral of routine corporate resolutions signals operational and governance uncertainty, and investors should monitor the insolvency resolution process closely for outcomes affecting equity value.