Voting Results along with Scrutinizer Report on remote e-Voting at 37th Annual general Meeting of the Company
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Jattashankar Industries Limited held its 37th Annual General Meeting on September 20, 2025 via video conferencing, with 13 resolutions put to vote. Total share turnout was 75.09% (3,294,206 votes out of 4,387,100 outstanding shares), and all 13 resolutions were passed unanimously with 100% votes in favour and zero votes against. Key resolutions included adoption of FY25 audited financials, appointment of B.S. Vyas & Associates as secretarial auditor for 5 years, regularization/appointment of three directors (Siddharth Gajra and Harsh Nayak as Independent Directors; Vishal Ashara as Executive Director; Keval Khudai as Managing Director; Nilesh Bapodara as Whole-Time Director), shifting of registered office jurisdiction from Mumbai to Pune, amendment to the object clause of MOA, and enhanced borrowing/loan powers under Sections 180(1)(c), 180(1)(a), 185 and 186 of the Companies Act. Promoters hold 3,182,983 shares (72.55% of capital) and voted 99.99% of their holding; for resolutions where directors were interested (Ashara, Khudai, Bapodara), their respective shareholdings were excluded from the count.
Routine but significant governance reshuffle — all resolutions sailed through with full shareholder approval, giving the company a new-look board and expanded borrowing/financing flexibility. No negative votes or dissent from public shareholders suggests broad comfort with management changes, though public non-institutional turnout was low (only 111,306 of 1,203,817 public shares voted, ~9.25%).