Disclosure of Voting Results of the 60th Annual General Meeting of the Company held on Tuesday, September 30, 2025
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Organic Coatings Ltd held its 60th AGM on September 30, 2025 via video conferencing, and all four resolutions were passed with overwhelming majority. Shareholders approved the audited financial statements for FY ended March 31, 2025, reappointed Mr. Abhay R. Shah (who retires by rotation) as a director, and appointed Mr. Kuppamuthu Sundaramurthy as an Additional Director and as Wholetime Director & COO for a 5-year term ending August 10, 2030. A total of 58 members voted, casting 5,927,052 votes (59.42% of the 9,974,600 outstanding shares), with 99.99% in favour (5,926,588 votes) and just 464 votes against across all resolutions. Promoters voted 100% in favour and public non-institutions also supported at 99.99%, while no public institutional shareholders participated. The scrutinizer's report was issued by D. Kothari & Associates, Company Secretaries.
This is a routine procedural disclosure with no material surprise; all items were shareholder-friendly and passed nearly unanimously, so no meaningful impact on share price is expected. The appointment of a new WTD & COO for 5 years gives continuity to the management team but is not a price-moving event.