Announced Tue, 29 Sept, 2026 · 17:11 IST

Orient Beverages 65th AGM: all 9 resolutions approved

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

65th AGM held on 29 Sept 2026 via video conferencing. All 9 resolutions passed with over 99.99 percent majority. Key items: adoption of FY26 audited financial statements, re-appointment of director Ballabha Das Mundhra, appointment of Raj Kumar Singh as Independent Director for 5 years, increase in borrowing and investment limits under Sections 180 and 186 of the Companies Act to Rs 200 crore, approval of loans up to Rs 10 crore to PAMS Beverages and Rs 15 crore to Satyanarayan Rice Mill under Section 185, and appointment of Manoj Shaw and Co as Secretarial Auditors for 5 years from FY27 to FY31.

Likely market impact

Routine AGM outcome. All items approved comfortably. Higher borrowing and investment limits give the company more financial flexibility. Minimal share price impact expected.