BSELippi Systems Ltd-$LowNeutral
Announced Tue, 30 Sept · 14:43 IST

Outcome of 32nd AGM

Board & Shareholder Meetings View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lippi Systems Limited held its 32nd AGM on September 30, 2025, at its registered office in Ahmedabad, from 11:30 AM to 12:25 PM IST. The meeting was chaired by Managing Director Mr. Nandlal J. Agrawal, with all required quorum present. Four resolutions were transacted: (1) adoption of audited financial statements for FY ended March 31, 2025, (2) re-appointment of Mr. Tirthraj Pandya (who retires by rotation) as Director, (3) a Special Resolution approving the sale or disposal of the company's movable properties under Section 180(1)(A) of the Companies Act, 2013, and (4) appointment of the Secretarial Auditor and fixing their remuneration. Remote e-voting ran from September 27 to September 29, 2025, with a physical poll facility also made available at the meeting. No queries were raised by shareholders, and the combined voting results are to be announced within 2 working days.

Likely market impact

The Special Resolution to sell or dispose of movable assets is the most material item — approval signals an upcoming asset monetisation move that could affect the company's balance sheet size or generate cash inflows. Voting results, when released, will confirm shareholder support for asset disposal and the re-appointment of directors.