BSEMitshi India LtdLowNeutral
Announced Fri, 26 Sept · 21:00 IST

Consolidated Scrutinizer Report with voting result is summitted for the 35th 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

Mitshi India Limited held its 35th AGM on 25 September 2025 via video conferencing (1:00 PM to 1:15 PM). Three ordinary resolutions were put to vote through remote e-voting (facility open from 20–24 September 2025). All three resolutions passed comfortably: (1) adoption of audited financial statements for FY ending 31 March 2025 — 895,805 votes in favour (99.93%) vs 602 against; (2) re-appointment of Mr. Kumar Vasantlal Shah as a Director (retiring by rotation) — 68,445 in favour (98.98%) vs 702 against, with promoters abstaining (827,360 votes declared invalid for this resolution); (3) appointment of M K Samdani & Co. as Secretarial Auditors — 895,805 in favour (99.92%) vs 702 against. On the record date of 18 September 2025, there were 21,333 shareholders holding 8,800,000 shares in total, but overall voting turnout was only about 10.2% of outstanding shares. Scrutinizer Umangi Bhavsar (Umangi Bhavsar & Associates) certified the process as fair and transparent.

Likely market impact

All AGM business was approved with near-unanimous support, so there is no negative governance signal for shareholders. The very low voting turnout (~10%) and the invalidation of promoter votes on the director re-appointment are routine procedural details, not material concerns.