Enclosed herewith Scrutinizer Report for the AGM held on 29.09.2025 at 3.30 PM through VC/OAVM.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Phoenix Township Limited (BSE: 537839) held its 32nd AGM on September 29, 2025 via video conferencing, where all 8 resolutions were passed with overwhelming shareholder approval (over 99.99% in favour on each). Shareholders adopted the audited financial statements for FY ended March 31, 2025, approved a final dividend of Rs. 0.15 per equity share (1.5%) and Rs. 0.10 per preference share (1%), and re-appointed Mr. Paul David Talbot Willcox as director. Mr. Samit Hede was re-appointed as Managing Director with remuneration effective October 1, 2025, while continuation of Mr. Willcox and Mr. Arun Pandurang Pawar as directors beyond age 75 was cleared. Most notably, shareholders approved a special resolution to change the company's name from Phoenix Township Limited to HBG Hotels Limited. Kothari H. & Associates was also appointed as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). Of the total 1,85,38,880 shares, 1,35,17,797 shares (72.92%) were polled, with 21 shareholders attending through VC.
Routine AGM business — name change to HBG Hotels Limited is the most material item for investors, as the stock will trade under the new identity on BSE. The modest dividend and uncontested re-appointments suggest stability with no surprises; expect no significant price reaction.