BSEMedi Caps Ltd-$LowNeutral
Announced Fri, 19 Sept · 16:20 IST

Voting Results along with Scrutinizer Report of 42nd AGM Dated 18.09.2025

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Medi-Caps Limited held its 42nd Annual General Meeting on 18 September 2025 via video conferencing, lasting only 17 minutes (12:30 PM to 12:47 PM). All 4 resolutions were approved by shareholders with requisite majority. The resolutions included adoption of audited standalone and consolidated financial statements for FY ending March 2025 (98.04% in favour), re-appointment of Mrs. Kusum Mittal as director retiring by rotation (98.04% in favour), appointment of Joshi Sahay and Company as Secretarial Auditor (98.04% in favour), and re-appointment of Mr. Dharmendra Solanki as Non-Executive Independent Director for a second 5-year term as a Special Resolution (98.04% in favour). Total voting turnout was 51.9% with promoters voting nearly 100% in favour on all resolutions.

Likely market impact

Routine procedural filing confirming shareholder approval of standard AGM items including financial statements, auditor appointments, and director re-appointments. High promoter voting support is expected; the public non-institutional segment showed notably low participation (only 2.35% polled), with roughly 12% of those voting against the resolutions — worth noting as a mild dissent signal among retail shareholders, though unlikely to materially affect the stock.