AGM 2026 results: All 4 resolutions passed, RPT with GESL Spinners approved

Board & Shareholder Meetings View source PDF Explain this filing

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-3.4%Reaction day

₹23.81

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-3.1% vs market

Trading & Distributors peers, median of 134sector+0.0%-3.4% vs sector

On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 3.4 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 134Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

23rd AGM held on Sept 26, 2026 via video conferencing. 17 of 2,248 shareholders attended (2 promoters, 15 public). All 4 ordinary resolutions passed: adoption of audited standalone and consolidated financial statements for FY ending March 31, 2026 (about 98.85 percent in favor), re-appointment of Shri Sandeep Khandelwal as director retiring by rotation (promoter interested, 98.85 percent in favor), and approval of material related party transactions with GESL Spinners Limited (promoter interested, 98.60 percent in favor). Scrutinized by Hemant Kumar Rajnani of HKS and Associates.

Likely market impact

Routine AGM business concluded. All resolutions passed with strong majority, including material RPT approval with related party GESL Spinners Limited.