Mamata Machinery Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 19, 2025. Further, the company has informed the Exchange regarding voting results.
MAMATA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mamata Machinery Limited held its 46th AGM on September 19, 2025 via video conferencing and all six resolutions were passed with overwhelming shareholder support. Shareholders approved the standalone and consolidated financial statements for FY 2024-25, declared a dividend of Rs. 0.50 per equity share, and approved the appointment of Mr. Varun C. Patel as a non-executive and non-independent director. They also approved the appointment of M/s. Chirag Shah & Associates as Secretarial Auditors for a five-year term (FY 2026-2030) and ratified the remuneration of M/s. C.B. Modh & Co. as Cost Auditors for FY 2025-26. Each resolution received over 99.99% votes in favour, with roughly 1.55 crore valid votes polled (about 63% of the 2.46 crore outstanding shares). Of the 70,594 shareholders on record date, 5 from the promoter group and 46 from the public attended the AGM through video conferencing. Mr. Chandrakant Patel (Joint Managing Director) and his relatives abstained from voting on Resolution 4 regarding Varun C. Patel's appointment due to their interest in the matter.
The results are largely procedural and confirm strong shareholder backing for management's proposals, with no meaningful dissent. The Rs. 0.50 per share dividend and routine auditor/director appointments are unlikely to move the stock price, but confirm continuity of operations and a modest shareholder payout for FY25.