Announced Wed, 30 Sept, 2026 · 18:19 IST

Garnet Construction 34th AGM: All 4 resolutions passed with near-unanimous support

Board & Shareholder Meetings View source PDF Explain this filing

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+3.1%Reaction day

₹45.45

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+4.4% vs market

Residential, Commercial Projects peers, median of 61sector-1.2%+4.4% vs sector

On the reaction day the stock moved 4.4 pts more than Nifty Microcap 250 and 4.4 pts more than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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+3.1-1.3+4.4-1.2+4.4

Next day

-1.4-1.3-0.1-1.0-0.5

+5.5+0.0+5.5-0.8+6.3

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UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 61Pending

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

AI summary

Garnet Construction held its 34th AGM on Sep 30, 2026 via video call. All 4 resolutions passed with about 99.9999 percent votes in favour. Resolutions covered adoption of FY26 audited financials, re-appointment of Mr. Arun Kedia, regularisation of Ms. Chahat Kedia as director, and appointment of Mr. Arun Kedia as Managing Director for 5 years from FY27 to FY31. 9.29 lakh votes polled, 66.86 percent of total shares.

Likely market impact

Routine AGM completed smoothly. Arun Kedia confirmed as Managing Director for 5 more years. Near-unanimous approval signals stable management continuity.