AGM 2026: 4 resolutions passed; 40% dissent on financial statements

Board & Shareholder Meetings View source PDF Explain this filing

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₹35.82

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Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-1.7% vs market

IT Enabled Services peers, median of 79sector-0.9%+0.2% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 0.2 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 79Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Infonative Solutions held its 28th AGM on 25 Sept 2026 via video conferencing. All 4 resolutions passed. Adoption of FY26 audited financial statements got only 59.92% support with 40.08% voted against. Reappointment of Yogeshh Goel passed with 99.98%. Related party transactions passed with 94.46% as 83.07 lakh promoter votes were excluded. ESOP Scheme 2026 passed as special resolution with 99.98% support.

Likely market impact

40% dissent on FY26 financial statements approval is unusual and may signal shareholder concerns about governance or financials.