Please find enclosed the Voting Results and Scrutinizer''s Report of the 32nd AGM of the Company
MADHAVIPL · price
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Madhav Infra Projects Limited held its 32nd AGM on September 26, 2025 via video conferencing, and all 10 resolutions were passed with overwhelming majority (over 99.98% in favor on each). Total voting participation was 18.66 crore shares (69.21% of the 26.96 crore outstanding shares), with promoters (18.55 crore shares) voting 100% in favor on every resolution. Key items approved include adoption of FY25 audited financial statements, reappointment of director Ashok Khurana (DIN: 00003617) via rotation, and a special resolution authorizing loans, guarantees and security under Section 185. Two special resolutions under Section 180 were also passed, allowing an increase in borrowing limits and the ability to encumber company property for external borrowings. Three related party transactions were ratified: with Waa Solar Limited, Madhav Infra – M S Khurana JV, and Rahatgarh Berkhedi Corridor Private Limited. Cost auditor remuneration was ratified, and KH & Associates was appointed as secretarial auditor for five years (FY2025-26 to FY2029-30).
This is a routine procedural disclosure confirming shareholder approval of all agenda items. The Section 180 and 185 approvals give the company greater flexibility to raise debt and extend loans/guarantees going forward, while the RPT ratifications signal continued related-party dealings. No contentious resolutions or significant dissent were observed, so the filing is largely neutral for shareholders.