As per annexure attached
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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.
Ind Agiv Commerce Ltd held its 12th AGM on 11th August 2025 via video conferencing, where 7 resolutions were put to vote and all were passed with the requisite majority. Each resolution received 175 votes in favour (99.43%) and just 1 vote against (0.57%), with zero invalid votes. The resolutions covered routine items like adoption of FY25 audited financial statements and re-appointment of director Mr. Vashdev Rupani, plus appointment of Mehta & Mehta as secretarial auditor for 5 years (FY26–FY30). Notable special resolutions included ratification of a prior preferential allotment to promoters and non-promoters, authority to sell/lease/mortgage the company's undertaking, increasing borrowing limits under Section 180(1)(c), and approving inter-corporate loans/investments under Section 186. Voting participation was extremely thin — only 176 shares were polled out of 10,00,000 shares (0.0633%), and just 41 shareholders attended out of 1,182 on record.
All resolutions were approved without opposition, meaning the company has shareholder backing to pursue higher borrowing, dispose of assets, and ratify past preferential allotments. However, the extremely low voting turnout (0.0633%) means the results reflect the views of a handful of shareholders, which is typical for a small-cap company but limits the broader mandate signal for retail investors.