41st AGM Results: All 5 Resolutions Passed with Overwhelming Majority

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AI summary

Magnanimous Trade and Finance Limited held its 41st AGM on September 30, 2026. All 5 resolutions were passed with over 99.99 percent in favour. Resolutions included: adoption of FY26 financial statements, re-appointment of Managing Director Kurjibhai Rupareliya (his 1.63 crore promoter votes excluded as he was interested), appointment of Pooja M Patel as Secretarial Auditor for 5 years, and regularization of two Independent Directors - Darvin Kiyada and Rushi Savaliya. Total votes polled: 2.10 crore out of 2.28 crore shares.

Likely market impact

All resolutions approved with near-unanimous support. Routine AGM outcome with two new Independent Directors added to the board.