Announced Thu, 1 Oct, 2026 · 22:27 IST
AGM results: 10 of 11 resolutions passed; Upside Sharing with TPG rejected
MANIPALHOS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.2%1-day move
₹692.05
prior close
₹696.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-0.9-0.8-0.6+0.2+1.1-1.2———————
Up moveDown movePending
AI summary
The 16th AGM was held on Sept 29, 2026 via video conferencing. Of 11 resolutions, 10 passed and 1 failed. The Upside Sharing Arrangement with TPG SG Magazine was rejected as promoter votes were treated as invalid (interested party) and only 38% of valid votes were in favor. Key approvals include ESOP 2024 Plan (93.38%), appointment of Price Waterhouse as statutory auditors, amendment to AOA granting special rights to Temasek and MGHS Groups (94.45%), and term fixation for Dr. Ranjan Pai.
Likely market impact
One resolution rejected, rest passed. Upside Sharing with TPG failed; ESOP, auditor and AOA changes approved.