ONESOURCEBSEOnesource Specialty Pharma LtdMediumNeutral
Announced Wed, 24 Sept · 16:31 IST

Voting Results of the Annual General Meeting held on 22nd September, 2025

Board & Shareholder Meetings View source PDF

ONESOURCE · 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

OneSource Specialty Pharma Limited held its 18th AGM on September 22, 2025 via video conferencing, where all 6 resolutions were passed with voting conducted through remote e-voting and e-voting at the AGM. The resolutions covered adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, re-appointment of Arun Kumar (DIN: 00084845) as a retiring Director, approval of remuneration to Cost Auditor M. Ashok Kumar for FY 2025-26, and appointment of M/s. DV & Associates as Secretarial Auditors for a 5-year term. The two related party transaction (RPT) resolutions — with Strides Pharma Science Limited and Strides Pharma Inc, USA — passed with 92.04% votes in favour, though public institutions voted 79.25% in favour with about 20.75% voting against. Overall voting turnout was about 63% of outstanding shares, with 49 shareholders (4 promoters and 45 public) attending via VC. Pradeep B Kulkarni of V. Sreedharan and Associates served as Scrutinizer.

Likely market impact

All routine AGM items including financial statements adoption and director re-appointment were passed with overwhelming support, indicating no shareholder concern on governance matters. The two material RPT approvals with Strides group entities, while passed, saw notable dissent (~21% against) from public institutional investors, which investors should monitor as a sign of governance scrutiny on related party deals.