Announced Thu, 25 Sept · 16:14 IST

please find enclosed outcome of the 47th AGM of the Company held today, 25th September, 2025

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Garware Marine Industries held its 47th AGM on 25th September 2025 via video conferencing, presided over by Chairman Mr. Aditya A. Garware (joining from Singapore). The meeting was attended by 57 members forming the quorum, with 9 directors and key officers including the Company Secretary and CFO present. Four ordinary resolutions were tabled: approval of audited financial statements for FY ending 31st March 2025, re-appointment of Mrs. Shefali S. Bajaj (sister of the promoter, who retires by rotation), appointment of Mr. Rajkumar R. Tiwari as Secretarial Auditor for a five-year term from 1st April 2025, and appointment of Mr. Amir J. Pradhan as Non-Executive Independent Director. Both the Auditor's Report and Secretarial Audit Report had no qualifications or adverse remarks. Remote e-voting was open from 22–24 September 2025, and the final voting results will be declared after the scrutinizer submits the report.

Likely market impact

This is a routine AGM outcome filing with standard governance items — no major corporate action, fundraising, or restructuring. Shareholders should await the formal voting results, but nothing in the proceedings signals a material change for the stock.