NINSYSNSENINtec Systems LimitedLowNeutral
Announced Fri, 26 Sept · 19:47 IST

Nintec Systems Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 26, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report.

Board & Shareholder Meetings View source PDF

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▲ 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

NINtec Systems Limited held its 10th AGM on September 26, 2025 via video conferencing, lasting just 17 minutes (3:00 PM to 3:17 PM). All three resolutions were passed with overwhelming shareholder approval (over 99.97% in favour). The resolutions included adoption of audited financial statements for FY ended March 31, 2025, re-appointment of Mr. Indrajeet Mitra as a Director (retiring by rotation), and appointment of M/s. Tushar Vora & Associates as Secretarial Auditor for a five-year period starting FY 2025-26. Voting turnout was about 31.9% of outstanding shares (5,927,124 votes polled out of 18,576,000 total shares), with promoters voting 100% in favour and public shareholders approving at 99.97%. Out of 9,581 total shareholders, 37 attended via video conferencing (2 promoter group members and 35 public shareholders), and no shareholders chose to speak during the Q&A session.

Likely market impact

This is a routine compliance filing with no material impact on shareholders. All resolutions passed easily, including the re-appointment of the Chairman Mr. Indrajeet Mitra and the five-year appointment of the Secretarial Auditor. The low voting turnout (~32%) is typical for smaller listed companies and does not signal any concern given the near-unanimous support.