As per annexure attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ind-Agiv Commerce held its AGM on 11th August 2025 through video conferencing, and all seven resolutions were passed with the required majority. The resolutions include adopting the FY25 audited financial statements, re-appointing director Mr. Vashdev Rupani, appointing Mehta & Mehta as secretarial auditor for five years (FY26 to FY30), and four special resolutions covering preferential allotment ratification, authority to sell or dispose of the company's undertaking, raising borrowing limits under Section 180(1)(c), and approving inter-corporate loans and investments under Section 186. Notably, voting participation was extremely thin: only 176 votes were cast out of 10 lakh total shares, representing just 0.06% of outstanding equity, with 175 votes in favour (99.43%) and 1 vote against (0.57%) on every resolution. Out of 1,182 total shareholders on record date, only 41 attended via video conferencing.
For retail investors, this is a routine compliance filing confirming shareholder approval for routine corporate matters and expanded borrowing/investment powers. However, the extremely low voting turnout (0.06%) and the company's tiny share base (10 lakh shares) suggest this is a very small, thinly-held company with limited public float, which may translate to low liquidity and higher volatility for shareholders.