Disclosure under Regulation 30 and 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We are submitting herewith the details of Voting Results along with ....
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FGP Limited announced results of a postal ballot conducted via remote e-voting between August 14 and September 12, 2025, with both resolutions passed. Resolution 1 (Ordinary) approved payment of remuneration to Ms. Shalu Sarraf as the new Company Secretary (effective September 15, 2025), classified as a Material Related Party Transaction under SEBI Regulation 23. It passed with 63.97% votes in favour (2,44,668 shares) versus 36.03% against (1,37,810 shares), though only 5.94% of outstanding shares were polled. Resolution 2 (Special) approved alteration of the Object Clause to allow entry into a proposed new business area, passing strongly with 96.03% in favour (51,02,679 shares) and just 3.97% against, with 44.67% shareholder participation and full promoter support. The scrutinizer's report was issued by Mitesh Dhabliwala of Parikh Parekh & Associates with no invalid votes recorded.
Shareholders have cleared the way for FGP to diversify into a new business area by altering its object clause, which could expand the company's future revenue opportunities. The new Company Secretary's appointment is now confirmed, though the low turnout and notable dissent (36%) on the related-party remuneration resolution signals some minority shareholder discomfort on related-party matters.