Announced Sat, 27 Sept · 15:27 IST

Scrutinizer Report of 45th AGM

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

Millennium Online Solutions (India) Limited held its 45th Annual General Meeting on 27th September 2025 via Video Conferencing from 11:00 AM to 11:17 AM, where all 5 resolutions were passed with overwhelming shareholder support. The total votes polled stood at 2,77,00,117 shares (55.38% of outstanding shares of 5,00,19,510), with all voting coming from public non-institutional shareholders. The first resolution, an ordinary resolution to adopt the audited Standalone and Consolidated Financial Statements for FY ending March 31, 2025, was approved with 96.70% votes in favour. The four special resolutions — appointment of Mr. Harilal Singh Jhabar Ram Faran as Whole-time Director for 3 years, Mr. Nikunj Pancholi as Non-Executive Non-Independent Director, appointment of Secretarial Auditors, and Ms. Renu Manendra Singh as Independent Director — each received 96.68% approval. The promoter group (210 shares) and public institutions (27,27,589 shares) did not participate in the e-voting process. Kunal Sakpal of HSPN & Associates LLP served as the scrutinizer for the e-voting process conducted through NSDL.

Likely market impact

All key board appointments and financial statements received strong shareholder backing, with less than 3.32% opposition on every resolution, indicating stable governance continuity. With no material dissent or contested resolutions, this is a routine procedural filing with limited direct impact on stock price, though it confirms the new board composition and the appointment of a new independent director.