Voting results along with scrutinizer Report for AGM held on 28 June 2025
MOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Meghmani Organics Limited held its 6th AGM on June 28, 2025, via video conferencing, with 39 shareholders attending (17 promoters, 22 public). All seven ordinary resolutions were passed with the requisite majority. These included adoption of the audited standalone and consolidated financial statements for FY ended March 31, 2025 (both approved with nearly 100% in favor), re-appointment of Mr. Maulik Patel and Mr. Darshan Patel as directors (each approved with 98.22% in favor), appointment of M/s. Mukesh M. Shah & Co as statutory auditors for five years, ratification of cost auditor remuneration for FY 2025-26, and appointment of M/s Shahs & Associates as secretarial auditor for five years. Total votes polled represented about 45.14% of outstanding shares, with promoter group voting overwhelmingly in favor. Institutional investors voted nearly 99% against both director re-appointments, though promoters' large shareholding ensured easy passage.
This is a routine, regulatory compliance filing. No material business or financial impact is expected. The strong promoter backing ensured smooth passage of all resolutions, including board continuity and auditor appointments, signaling stable governance for the coming years.