All 3 AGM resolutions passed; QIP fund-raising plan approved

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

Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹104.05

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+1.2% vs market

Diversified Commercial Services peers, median of 72sector+0.3%+1.7% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 1.7 pts more than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.0+0.8+1.2+0.3+1.7

Next day

+4.0+2.5+1.6+0.4+3.7

+6.1+2.3+3.8-0.1+6.2

+8.2+2.8+5.5+0.3+7.9

+10.4+4.1+6.3+0.6+9.8

+12.6+2.5+10.1-0.2+12.8

+16.0+1.2+14.8-1.3+17.2

15d

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+14.8-1.7+16.5-5.1+20.0

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

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

AI summary

The 31st AGM was held on Sept 16, 2026. All 3 resolutions passed: (1) adoption of audited FY26 financials, (2) re-appointment of MD V S Amarnath, and (3) approval to raise funds via Qualified Institutional Placement (QIP). E-voting via NSDL; 14 shareholders voted in favor, 6 against, meaning 100 percent in favor on all 3 items. Only 32 of 5,717 shareholders attended via video conferencing.

Likely market impact

QIP approval lets the company issue fresh shares to institutions, which may dilute existing holders. Low voter turnout signals weak retail engagement.