Innova Captab Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 31, 2025
INNOVACAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Innova Captab Limited has filed the voting results and Scrutinizer's Report for its 21st Annual General Meeting, held on July 31, 2025 via video conferencing. The meeting lasted just 27 minutes (11:00 AM to 11:27 AM) and four ordinary resolutions were put to vote. All four resolutions were passed with the requisite majority. Resolution 1 (adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025) was passed unanimously with 100% votes in favour (5.17 crore shares). Resolution 2 (re-appointment of Non-Executive Director Mr. Archit Aggarwal, who retires by rotation) passed with 89.37% in favour but saw 10.63% dissent. Resolution 3 (appointment of Jaspreet Dhawan & Associates as Secretarial Auditors for five years from FY 2025-26 to FY 2029-30) passed with 88.62% support and 11.38% opposition. Resolution 4 (ratification of Rs. 80,000 remuneration for Cost Auditor Gurvinder Chopra & Co. for FY 2026) passed with near-unanimous 99.9999% support. Total voting turnout was 90.30% among 40,890 shareholders on record date.
All routine AGM items were approved without disruption, so the filing is largely procedural. However, Resolutions 2 and 3 drew notable dissent (~10-11%), driven mainly by institutional public shareholders who voted against both the director re-appointment and the secretarial auditor appointment — worth monitoring as a signal of institutional discomfort, though it does not change company operations or the stock price meaningfully.