Scrutinizers report for the 108th AGM

Muller & Phipps India Ltd held its 108th Annual General Meeting on September 23, 2025 via video conferencing. Five ordinary resolutions were put to vote through remote e-voting conducted by NSDL between September 20-22, 2025, with a cut-off date of September 15, 2025. All five resolutions passed with overwhelming support of 99.999% (385,420 votes in favor, just 1 dissent out of 385,421 total votes). The resolutions covered: (1) adoption of audited standalone and consolidated financial statements for FY ended March 2025, (2) reappointment of Mr. Milan Dalal (DIN: 00062453) as director retiring by rotation, (3) appointment of Mrs. Hinal Shah as Woman Independent Director, (4) appointment of Sanjay Soman & Associates as Secretarial Auditor, and (5) approval of related party transaction limits under Section 188. Only 18 shareholders participated in voting, indicating either a concentrated shareholding or low retail engagement.