Please find attached herewith Voting Result along with Scrutinizer''s Report for the 41st Annual General Meeting of Gratex Industries Limited held on 16th September 2025 through VC.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gratex Industries Limited held its 41st Annual General Meeting on 16th September 2025 via video conferencing, with 43 shareholders attending (4 promoter group, 39 public). Out of 3,799 total shareholders on record date, three ordinary resolutions were voted upon and all passed with over 99.99% approval. Resolution 1 (adoption of audited financial statements for FY ended March 31, 2025) saw 1,857,857 votes polled (61.22% of outstanding shares), with 1,857,856 in favour. Resolution 2 (re-appointment of Mr. Baldevkrishan Ramratan Sharma as director, retiring by rotation) received the same near-unanimous support. Resolution 3 (re-appointment of Mr. Karan Baldevkrishan Sharma as Managing Director) had only 6,798 votes polled (0.22% of outstanding shares), as the promoter group abstained from voting on this related-party resolution, with only 1 vote against. Voting was conducted via NSDL's e-voting platform with JC & Associates serving as scrutinizer.
This is a routine procedural filing confirming smooth shareholder approval of standard AGM business with virtually no dissent. The only material highlight is the re-appointment of Mr. Karan Baldevkrishan Sharma as Managing Director, which received overwhelming public shareholder support despite low overall turnout due to promoter abstention. No negative governance signals or shareholder activism detected.