Announced Fri, 10 Jul · 18:43 IST
33rd AGM results: all 6 resolutions passed with near-unanimous support
Board & Shareholder Meetings View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
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₹1.98
prior close
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AI summary
Meyer Apparel's 33rd AGM was held on July 9, 2026 via video conferencing. All 6 resolutions passed with about 99.99 percent votes in favor. Items approved include adoption of FY26 financial statements, reappointment of directors Pawan Kakra and Gajender Kumar Sharma, raising the borrowing limit, taking loans from promoters or directors, and approving related party transactions. Promoters abstained on the promoter loan resolution.
Likely market impact
All 6 resolutions passed cleanly with near-unanimous support. Watch for higher borrowings and related party deals going forward.