31st AGM voting results: 6 resolutions passed, promoter group abstained
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Innovative Tyres & Tubes held its 31st AGM on Sept 28, 2026 via video conferencing. All 6 resolutions passed. They included adoption of FY26 financial statements (93.35% in favor), re-appointment of Robin Chawla as director, regularization of Kamlesh Joshi as independent director, and approval of material related party transactions with three promoter group firms: Ten on Ten Rubtech, Ten on Ten Tyres, and Ten on Ten International. Only 1,579 votes were polled out of 1 crore shares - promoters holding 94.55% did not vote. About 20% of public non-institution votes were against resolutions 2 to 6.
Very low voter turnout with promoter abstention. Minority shareholders showed about 20% dissent on director appointment and related party deals with group companies.