Pursuant to Reg. 44 (3) of SEBI (LODR) Regulations 2015, detail of voting results at the 30th AGM of the company held on 29.09.2025 are enclosed along with the Scrutinizers Report
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Narendra Properties Ltd held its 30th AGM on September 29, 2025, via video conferencing, with all four resolutions passed with requisite majority. The resolutions included adoption of audited financial statements for FY ending March 31, 2025, declaration of a dividend of Re. 1 per equity share (face value Rs. 10), re-appointment of Mr. Mahendra Kanchanlal Maher (DIN: 00078348) as Director retiring by rotation, and appointment of Secretarial Auditors for up to five years. Out of 2,509 shareholders on record, 15 promoter group members and 22 public members attended through VC. Total votes polled were 61,23,935 out of 71,06,400 outstanding shares (~86% turnout), with promoter group polling 49,82,900 votes and public non-institutions polling 11,41,035 votes. All four resolutions were approved with approximately 99.44% votes in favour, with very few votes against.
The AGM proceedings were routine and the strong ~99.44% approval on all resolutions shows shareholders are aligned with management. The Re. 1 per share dividend declaration is a positive signal for income-seeking investors, though it is a modest payout. No contentious issues arose, suggesting stable corporate governance with no near-term red flags for shareholders.