Nintec Systems Limited has informed the Exchange about General Updates
NINSYS · price
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NINtec Systems Limited held its 10th AGM on 26th September 2025 via video conferencing, lasting just 17 minutes (3:00 PM to 3:17 PM). Three ordinary resolutions were passed with overwhelming shareholder support. Resolution 1 (adoption of audited financial statements for FY ending 31st March 2025) was approved with 5,925,824 votes in favour (99.98%) and only 1,300 votes against. Resolution 2 (re-appointment of Mr. Indrajeet Mitra as director, who retires by rotation) was approved with 5,001,074 votes in favour (99.97%); notably, the promoter group holding 8,800,541 shares abstained from voting on this item. Resolution 3 (appointment of M/s. Tushar Vora & Associates as Secretarial Auditor for a 5-year term from FY 2025-26) was approved with 5,925,824 votes in favour (99.98%). Of 9,581 total shareholders on record date, only about 37 attended via VC (2 promoters and 35 public) and no shareholders spoke during the Q&A session.
This is a routine regulatory disclosure with all routine resolutions passed by a wide margin. The director re-appointment and secretarial auditor appointment are standard governance items unlikely to affect the stock price. The relatively low voting turnout (~32% of outstanding shares) and promoter abstention on the director re-appointment are noteworthy but not concerning for shareholders.