The Voting result along with the scrutinizer report for 18th AGM is attached herewith.
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Focus Business Solution Ltd held its 18th AGM on 14th July 2025 in Surat, where all 8 resolutions were passed with 100% votes in favour and no votes against. The key resolutions included adoption of audited financials for FY25, reappointment of Mr. Mohamedamin Mohammad Nathani as a director, and approval to issue bonus shares. Shareholders also approved revising remuneration for two promoter-directors (CMD and Whole Time Director), increasing borrowing limits under Section 180(1)(c), raising the cap on mortgaging or disposing of company assets under Section 180(1)(a), and expanding limits for investments, loans, and guarantees under Section 186. Of the 117 total shareholders on record date, only 8 attended in person (3 promoters and 5 public). On the 46.07 lakh total shares, about 82.88% were polled, with promoters (34.44 lakh shares) voting fully in favour on most resolutions except where they had a related-party interest in remuneration matters.
All 8 resolutions passed unanimously, including a bonus share issue which is positive for existing shareholders and signals management confidence. The higher borrowing and investment limits give the company more financial flexibility for growth, while revised promoter-director remuneration was approved by independent shareholders. Low public turnout (only 5 public shareholders present) means decisions were largely driven by promoter votes.