Announced Fri, 24 Jul · 13:16 IST

32nd AGM held via VC; one resolution passed with 100% assent

Board & Shareholder Meetings View source PDF

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₹9.08
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AI summary

Kobo Biotech Limited, currently under Corporate Insolvency Resolution Process (CIRP), held its 32nd AGM on July 24, 2026 via video conferencing. The meeting was chaired by the Resolution Professional, Namrata Amol Randeri, not regular directors. Only one ordinary resolution was passed: adoption of annual accounts for FY ended March 31, 2025. Voting turnout was very low: 41 public shareholders attended, representing just 0.0831% of capital. Only 17,875 votes were polled out of 23.825 million shares (0.075%), and all were cast in favor. No promoter group votes were cast.

Likely market impact

Company is under insolvency resolution with minimal shareholder participation, signaling weak governance and continued distress for retail investors.