Disclosure of e voting results.
Awaiting price reaction for this filing.
Muzali Arts Ltd held its 30th AGM on September 30, 2025, via video conferencing from 3:00 PM to 3:07 PM, and all three resolutions were passed. The first resolution, adopting the audited financial statements for FY ending March 31, 2025, was approved with 99.75% of votes in favor (20,002,152 vs. 50,000 against), with about 33.89% of total outstanding shares participating. The second resolution, re-appointing Mr. Mansoorbhai Murtuza as a director (retiring by rotation), was passed with 93.93% in favor among non-promoter shareholders, since promoter group votes were excluded due to their interest in the resolution. The third resolution, appointing M/s. Nuren Lodaya & Associates as secretarial auditor, was approved with 99.50% in favor. Out of 8,771 shareholders on record date, 32 attended via video conferencing.
All resolutions passed with overwhelming majority, indicating smooth governance and no shareholder dissent. The short 7-minute meeting and very low public shareholder participation (around 4% of non-promoter shares voted) suggest limited retail engagement, but nothing materially negative for shareholders.