Voting Results and Scrutinizer Report of 3rd AGM
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Koura Fine Diamond Jewelry Limited submitted voting results and the scrutinizer's report for its 3rd Annual General Meeting held on September 30, 2025 via video conferencing, lasting only 15 minutes (4:00 PM to 4:15 PM). All 7 resolutions were passed unanimously with 100% votes in favor — 2,592,500 votes were cast out of 4,677,500 outstanding shares (55.42% polling), and zero votes were cast against any resolution. Key items approved include adoption of FY25 audited financials, re-appointment of Mr. Kamlesh Lodhiya as Managing Director, re-appointment of Ms. Charmi Lodhiya as Whole Time Director, appointment of Mr. Soham Lodhiya as Director and Whole Time Director, and approvals to increase overall borrowing limits and create charges on company assets under Sections 180(1)(c) and 180(1)(a) of the Companies Act, 2013. Only 6 members voted, with extremely low public participation at just 2,275 shares (0.16% of public-held shares) being polled.
Unanimous approval of all resolutions means no shareholder dissent on key matters, including allowing the company to raise higher borrowing limits and pledge assets. The director appointments reflect promoter family continuity, and the expanded borrowing powers could lead to higher debt levels going forward. Low public voting turnout (0.16%) means resolutions were primarily driven by promoter group support.