Mahalaxmi Rubtech Limited has informed the Exchange regarding Outcome/ Proceedings of Annual General Meeting held on September 27, 2025 at 11.30 am and concluded at 12.27 pm
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Mahalaxmi Rubtech Limited held its 34th Annual General Meeting on Saturday, September 27, 2025, from 11:30 AM to 12:27 PM via Video Conferencing. Chairman Shri Jeetmal Parekh chaired the meeting, with all Directors, the Statutory Auditor, Secretarial Auditor, and CFO in attendance. Six resolutions were put to vote, including adoption of the FY25 audited financial statements, re-appointment of Shri Jeetmal Parekh as Director (retiring by rotation), ratification of Cost Auditor remuneration, re-appointment of the Secretarial Auditor, continuation of Shri Jeetmal Parekh as Non-Executive Director beyond age 75, and revision of managerial remuneration for Managing Director Shri Rahul J. Parekh. Both auditors gave unqualified reports with no adverse remarks. Eight shareholder queries were received and answered by CFO Shri Rajendra R. Mehta. Voting results will be declared by the scrutinizer and posted on the company, BSE, NSE, and MUFG Intime websites.
This is a routine AGM outcome disclosure with no negative surprises — auditor reports are clean and standard governance resolutions were tabled. Shareholders should watch for the e-voting results announcement (typically within 48 hours) to confirm approval levels, especially on the continuation of the Chairman as Non-Executive Director post-age 75 and the upward revision in the Managing Director's remuneration, which are items that may attract minority shareholder voting patterns.