BSENidhi Granites LtdLowNeutral
Announced Thu, 24 Jul · 14:30 IST

Regulation 44 of SEBI (LODR), regulations 2015, we enclosed herewith Scrutinizers report on voting results conducted through remove evoting.

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ 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

Nidhi Granites Limited held its 43rd AGM on July 22, 2025, via video conferencing, and submitted the scrutinizer's voting results to BSE as required under SEBI LODR regulations. The company has 80,00,000 outstanding shares held by 1,195 shareholders as of the record date (July 15, 2025), with promoters holding 53,40,380 shares and public shareholders holding 26,59,620 shares. A total of 73,08,801 valid votes were polled, representing 91.36% of outstanding shares — a strong turnout. Two ordinary resolutions were put to vote: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, and (2) re-appointment of Mr. Darpan Shah (DIN: 07650896), who retires by rotation. Both resolutions passed with near-unanimous support, receiving 73,08,771 votes in favor (99.99%) and only 30 votes against. Voting was conducted remotely via NSDL's e-voting platform.

Likely market impact

This is a routine, compliance-driven disclosure with no material impact on shareholders. Both resolutions passed overwhelmingly, indicating broad shareholder agreement with management. The re-appointment of Mr. Darpan Shah continues board stability, and approval of financial statements finalizes FY25 reporting.