BSEIndian Acrylics LtdLowNeutral
Announced Mon, 29 Sept · 17:24 IST

Voting Results and Scrutinizer''s Report for Annual General Meeting held on 29.09.2025.

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian Acrylics Ltd held its 38th Annual General Meeting on September 29, 2025, from 11:30 AM to 12:05 PM at its registered office in Sangrur, Punjab. All six resolutions on the agenda were passed with overwhelming shareholder approval, with each receiving over 99.97% votes in favour. The resolutions covered adoption of FY25 financial statements, re-appointment of a retiring director (Sanjay Krishan Ahuja), ratification of cost auditor remuneration, appointment of S.K. Sikka & Associates as secretarial auditors for five years, and re-appointment of two independent directors (Deva Bharathi Reddy and Tejinder Kaur) for second terms of five years each. Total voting turnout was about 29.3% of outstanding shares (39.7 million shares polled out of 135.3 million), with promoters voting entirely in favour. E-voting was conducted via CDSL and physical ballot papers were also provided.

Likely market impact

All resolutions passed comfortably, indicating smooth governance and no shareholder dissent on key matters including board re-appointments and auditor ratification. The re-appointment of two independent directors and the secretarial auditor for five-year terms provides continuity in oversight. This is a routine compliance filing with no material impact expected on the stock price.