GVP Infotech Limited has informed the Exchange about Shareholders meeting
GVPTECH · price
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Awaiting price reaction for this filing.
GVP Infotech Limited filed the voting results of its 13th Annual General Meeting held on July 18, 2025 via video conferencing. All nine resolutions were passed with the requisite majority. Key items included adoption of FY2025 audited financial statements, declaration of a dividend of Rs. 0.15 (7.5%) per equity share on a face value of Rs. 2, and reappointment of two independent directors (Rajesh Ramnani and Prawincharan Prafulcharan Dwary). The shareholders also approved the reappointment and remuneration of Rajesh Thakur as Managing Director and remuneration of Dhaval Mistry as Non-Executive Director. A new director, Ramchandra Dallaram Choudhary, was appointed to fill the casual vacancy created by the resignation of Veena Pani Choudhary. Total votes polled across resolutions stood at 14,16,69,724, with all resolutions securing 100% approval except the remuneration of Dhaval Mistry (99.72%), where the promoter group abstained as they were interested.
This is a routine procedural filing confirming that shareholders have approved the company's annual business, including a modest dividend and key board appointments. No governance red flags or contentious issues were raised; the stock is unlikely to react materially to this announcement.