Announced Thu, 18 Sept · 20:05 IST

Outcome /Proceedings of 44th Annual General Meeting

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ 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

Grandma Trading & Agencies held its 44th AGM on September 18, 2025, via video conferencing, lasting about 40 minutes. Out of 5,894 shareholders on the record date, only 36 attended the meeting. Five resolutions were passed: (1) approval of audited financial statements for FY ending March 2025, (2) re-appointment of Mr. Abhishek Ashar as director retiring by rotation, (3) appointment of M/s. Jain Rahul & Associates as new Secretarial Auditors, (4) re-appointment of Mr. Abhishek Ashar as Whole Time Director & CFO, and (5) approval for reduction of share capital passed as a Special Resolution. CFO Mr. Abhishek Ashar himself did not attend the meeting due to other commitments. Voting results from the scrutinizer are awaited.

Likely market impact

The most significant item is the Special Resolution approving a reduction of share capital, which could lead to a share buyback or capital restructuring in the coming months and may directly affect share price and shareholder value. Other resolutions are routine governance matters with limited stock-price impact.