Voting Results and Scritinizers Report
GMBREW · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GM Breweries held its 43rd AGM on May 28, 2026, with 100% shareholder turnout across all 1,74,27,578 shares. All 5 resolutions were passed with overwhelming majority (>99.9% in favor). Key items approved include: (1) Financial statements and reappointment of auditors, (2) Dividend declaration for FY 2025-26, (3) Re-appointment of Mrs. Jyoti Almeida Kashyap as director (with promoters and institutions voting 100% in favor), (4) Re-appointment of Mr. Kiran Parashare as director (notable that 9.28% of public institutions voted against with 7,993 votes, and 0.17% of public non-institutions voted against), and (5) Appointment of Mr. Kiran Parashare as Whole-time Director with remuneration. The scrutinizer's report confirms all resolutions passed with requisite majority.
All resolutions passed smoothly with near-unanimous shareholder approval, indicating management stability and shareholder confidence. The minor opposition to Kiran Parashare's re-appointment (primarily from institutional investors) did not affect the outcome. Dividend approval is positive for income-seeking investors.