41st AGM voting results: All 14 resolutions passed with 100% approval
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Global Defence Industries (formerly Nibe Ordnance) held its 41st AGM on September 29, 2026 via video conferencing. All 14 resolutions passed with 100% approval. Out of 34 shareholders, only 6 voted through remote e-voting. Promoters (11.39 lakh shares) voted 100% in favor; public polled just 11.11% of their 3.91 lakh shares. Key items covered reappointment of Mr. Ganesh Nibe, appointment of Mr. Ravi Kant as Whole-time Director, expanded borrowing powers, and related party transactions with subsidiaries.
All resolutions approved. Board gets expanded borrowing authority and approval for related party deals with group firms. Low turnout from public shareholders.