Declaration of Voting Results along with Scrutinizer''s Report For the Annual General Meeting of the Company.
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Manoj Jewellers Limited held its Annual General Meeting on Saturday, 13th September 2025 at Sowcarpet, Chennai. The company has 460 shareholders on record date (5 August 2025) with 89,85,628 total shares outstanding, of which 58,65,629 are held by promoters and 31,19,999 by the public. A total of 59,97,629 votes were polled, representing a turnout of about 66.75%. All 6 resolutions were passed with 100% votes in favour and zero against, including adoption of FY25 annual accounts, reappointment of Mr. Sunil Shantilal as director, increase in managerial remuneration under Section 197, appointment of Dilip Swarnkar & Associates as secretarial auditor for 5 years (FY26–FY30), and board authorisations under Sections 186 and 185 for loans, guarantees and securities. For the remuneration resolution, promoter votes of 48,56,379 shares were treated as invalid since promoters were interested, and the resolution still passed with 100% support from non-interested shareholders.
This is routine annual compliance with no negative surprises — all business items, including the expanded borrowing/lending powers under Sections 185 and 186, were approved unanimously. The Section 197 remuneration hike was approved even without promoter votes, showing independent shareholder support. Investors should view this as neutral to mildly positive for governance transparency.