Announced Mon, 15 Sept · 20:24 IST

Voting results pursuant to Regulation 44 (3) of SEBI (LODR) Regulations, 2015, along with the scrutinizer''s report pursuant to section 108 of the Companies Act, 2013, of the 29th Annual ....

Board & Shareholder Meetings View source PDF

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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

Goel Food Products Ltd held its 29th AGM on September 12, 2025, at its registered office in Kolkata, with 7 shareholders present out of 738 on the cut-off date. All four resolutions were passed, covering: (1) approval of the FY25 audited financial statements, (2) reappointment of a director retiring by rotation, (3) increase in managerial remuneration for MD/CFO Mr. Dinesh Goyal, and (4) increase in remuneration for Executive Director Ms. Rashmi Goyal. Voting was conducted via NSDL remote e-voting (Sept 9-11) and physical ballot. Promoters voted 100% in favour across all resolutions, carrying the vote. However, on both remuneration-hike resolutions, public non-institutional shareholders voted 95.2% against (40,000 shares against vs 2,000 in favour out of 42,000 polled).

Likely market impact

All resolutions technically passed, but the overwhelming 95% dissent from minority public shareholders against the executive remuneration hikes signals significant governance concern and could affect sentiment. Retail investors should watch for how the board addresses this minority pushback.