Announced Mon, 29 Sept · 16:58 IST

Submission of Voting Results

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Garware Synthetics held its 56th AGM on 29th September 2025 via video conferencing, lasting about 36 minutes. All 5 ordinary resolutions were passed unanimously, with 100% of polled votes in favour and zero votes against. Out of 5,808,900 total outstanding shares, 2,400,241 votes (41.32%) were polled. The resolutions included adoption of the audited financial statements for FY25, re-appointment of Mr. Deepak Pandurang Kamble as director (retiring by rotation), appointment of Mr. Nihal Chandrakant Garware as Non-executive Chairman, appointment of a Secretarial Auditor, and appointment of Mrs. Shital Dhammdeep Kamble as Independent Director. Participation from public non-institutional shareholders was very low (only 0.09% of their shares voted), while promoter group participation was high at 90.15%.

Likely market impact

This is routine AGM disclosure with no contentious outcomes — all resolutions sailed through with full promoter support and zero dissent. The extremely low turnout from public shareholders (less than 0.1%) signals limited retail engagement in this BSE-only small-cap, but it has no negative implication for the stock price.