Gujarat Lease Financing Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 11, 2025
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Gujarat Lease Financing Limited held its 42nd AGM on July 11, 2025 via video conferencing and submitted the scrutinizer's report on voting results. Four resolutions were put to vote: (1) adoption of FY25 financial statements, (2) re-appointment of Saurabh Mashruwala (director retiring by rotation), (3) re-appointment of Raghuveer Parakh as Independent Director for a second and final 5-year term (July 13, 2025 to July 12, 2030), and (4) appointment of M/s. RPAP & Co. as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). Of the 27,125,767 total outstanding shares, 11,183,320 shares (41.23%) were polled, with 11,183,069 votes (99.9978%) in favour and just 251 votes (0.0022%) against across all resolutions. Rajesh Parekh, Practicing Company Secretary, served as the scrutinizer and confirmed all resolutions were approved with the requisite majority.
This is a routine procedural filing confirming that all AGM resolutions passed with near-unanimous shareholder support, indicating no governance controversy. It is unlikely to have any meaningful impact on the stock price, as the resolutions cover standard items like financial statement approval, director re-appointments, and auditor appointment.