Please find attached Scrutinizer''s Report and Voting Results for the resolution approved at Annual General Meeting held on 30-09-2025
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Awaiting price reaction for this filing.
National General Industries Ltd (BSE Scrip Code 531651) held its 39th Annual General Meeting on 30 September 2025 through video conferencing, where all 5 resolutions were approved with requisite majority. The resolutions included: (1) adoption of audited financial statements for FY ended 31 March 2025, (2) re-appointment of Mr. Vasu Modi as a Director retiring by rotation, (3) re-appointment of Mr. Pawan Kumar Modi as Managing Director from 4 July 2025 to 30 September 2027, (4) appointment of Secretarial Auditors, and (5) approval for Mr. Manhar Modi (Non-Executive Director) to hold an office or place of profit. Items 1, 2, and 4 received 100% assent (17,41,337 votes in favour, 58 against), while the related-party resolutions (Item 3 - MD re-appointment and Item 5 - office of profit) received 99.99% assent (with only 58 votes against). Out of 2,418 total equity shareholders, only 20 attended the meeting via VC (2 promoter group, 18 public) and 47 shareholders cast votes overall, indicating very low retail participation.
This is a routine AGM outcome with all resolutions passed comfortably, including the re-appointment of the Managing Director and related-party approvals. While the high approval percentages are positive, the very low voting turnout (~47 of 2,418 shareholders) is notable. No material impact on shareholders or stock price is expected from this filing.