Scrutinizer report along with E-voting result for the 42nd AGM of GSB Finance Limited.
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Awaiting price reaction for this filing.
GSB Finance Limited held its 42nd AGM on 13th September 2025 via video conferencing. Three ordinary resolutions were put to vote and all were passed with overwhelming support. Resolution 1: adoption of audited financial statements for FY ended 31st March 2025. Resolution 2: re-appointment of Director Mr. Suyash Biyani (DIN: 07525350), who retires by rotation. Resolution 3: appointment of M/s. J K & Associates as Secretarial Auditor for a 5-year term (FY2025-26 to FY2029-30). Of 60,00,000 total shares, 28,46,815 votes (47.45%) were polled, with 99.9976% in favour and only 69 votes (0.0024%) against. Promoter group (holding ~55% of shares) voted 100% in favour, while public non-institutional participation was negligible at just 1,028 votes out of 26,85,180 public shares.
All three resolutions cleared comfortably, reflecting smooth governance and no meaningful shareholder dissent. Director continuity is maintained through the re-appointment, and the 5-year secretarial auditor engagement provides long-term compliance stability. Typical of small, closely-held companies, retail shareholder engagement was minimal and unlikely to affect stock price.