AGM results: all 5 resolutions passed including ESOP scheme with near full dilution
MOS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
MOS Utility's 17th AGM on Sep 30, 2026 saw all 5 resolutions pass with 100 percent votes in favor. Key items: adoption of FY26 audited financial statements, re-appointment of director Santosh Mijgar by rotation, appointment of Pooja M Patel and Associates as secretarial auditor for 5 years, and approval of ESOP 2026 with up to 2.57 crore options. Only 21 of 2,682 shareholders attended via video conferencing. Total votes polled were 10.29 crore out of 25.74 crore outstanding shares (40 percent turnout).
The approved ESOP pool equals nearly 100 percent of outstanding shares—signaling significant potential dilution for existing shareholders.