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Faalcon Concepts Limited held its 07th Annual General Meeting on September 30, 2025, via video conferencing, with 8 shareholders (3 promoters and 5 public) attending. The meeting lasted 20 minutes, from 5:00 PM to 5:20 PM. Two ordinary resolutions were passed with overwhelming majority: (1) Adoption of the audited financial statements for FY ending March 31, 2025, was approved with 99.88% votes in favor (49,25,120 votes against just 6,000 votes against); and (2) Re-appointment of Mr. Tribhuvan Seth, a director retiring by rotation, was approved with 98.23% of public non-institutional votes in favor (4,44,520 votes against 8,000). Promoter and promoter group votes were excluded from Resolution 2 as related parties. Total of 6,830,120 shares were outstanding, with about 72.19% of shares participating in the voting.
Both resolutions were passed comfortably with near-unanimous public support, indicating smooth governance with no significant shareholder dissent. The routine nature of the resolutions (financial statements approval and director re-appointment) suggests no major strategic shifts are expected.