Scrutinizer Report Along with Voting Results of AGM held on 29th September,2026 at 4 pm
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.7 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Osiajee Texfab Limited held its 31st Annual General Meeting on September 29, 2026, via video conferencing, where all 10 resolutions were passed unanimously with 100% votes in favour (1,414,314 shares) and zero votes against. Key resolutions included adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026, and the appointment of M/s JPM & Associates LLP as Secretarial Auditor for five years (FY2026-27 to FY2030-31). A notable corporate action approved was the subdivision (stock split) of equity shares from a face value of ₹10 to ₹1 each, making every existing share become 10 shares. Ms. Reema Saroya was re-appointed as Managing Director for another five-year period, Ms. Megha Jain's designation was changed from Non-Executive Director to Whole-Time Director, and three new Independent Directors (Ms. Dolly Seth, Ms. Gurmeet Kaur, Mr. Karan Kumar) were appointed. Only about 26.19% of the total 5,400,000 outstanding shares were polled, indicating relatively low voting participation.
Shareholders should note the approved stock split from ₹10 to ₹1 face value, which will increase the number of shares tenfold and typically improve liquidity by lowering per-share price. The uncontested passage with no opposition signals smooth governance, though the low turnout (~26%) means results largely reflect promoter-aligned voting rather than broad public shareholder engagement.