Enclosed here with the Outcome and Proceedings of Annual General Meeting
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Mangal Compusolution Ltd held its 15th AGM on September 17, 2025 via Video Conferencing, running from 1:00 PM to 1:35 PM. The meeting was chaired by Mrs. Binny Pathik Desai (Non-Executive Non-Independent Director), with Mr. Pathik Desai (Managing Director), Mr. Mukesh Desai (Executive Director), and CFO Mr. Ankush Agal present. Nine items of business were proposed, including adoption of FY25 audited financials (which had clean audit reports with no qualifications), declaration of a final dividend of ₹0.50 per equity share (face value ₹10), re-appointment of Mrs. Binny Pathik Desai as Director, appointment of Statutory Auditors, revision in remuneration for the Managing Director, Executive Director and Chairperson, and approvals for fresh borrowings and investments/loans under Section 186 of the Companies Act. The Chairperson of the Audit, Nomination & Remuneration, and Stakeholders' Relationship Committees were present. E-voting results from M/s. Vijay S. Tiwari & Associates (Scrutinizer) will be announced within 2 working days.
Shareholders will receive a final dividend of ₹0.50 per share for FY25, pending e-voting results. The remuneration hikes for promoter-directors and the enabling approvals for additional borrowings and Section 186 investments suggest the company may be preparing for business expansion or increased capital deployment. Clean audit reports are a positive governance signal.