Outcome of AGM 24.09.2025
Awaiting price reaction for this filing.
Foundry Fuel Products Ltd held its 61st AGM on September 24, 2025 via Video Conferencing, where all four resolutions were approved by shareholders with overwhelming majority. The resolutions included adoption of audited financial statements for FY ending March 31, 2025, re-appointment of Director Mr. Adarsh Agarwalla (DIN: 00527203) who retires by rotation, re-appointment of Statutory Auditors, and appointment of a Secretarial Auditor. Out of 6,615 shareholders on record date, only 38 attended via VC (6 promoter group, 32 public), and total votes polled stood at 5,667,046 out of 8,018,750 outstanding shares (70.67% turnout). Each resolution received approximately 99.999% votes in favour with negligible dissent.
This is a routine procedural filing confirming shareholder approval of standard agenda items at the AGM. With near-unanimous support and no contentious issues raised, the filing is neutral for the stock and signals stable, compliant corporate governance with no material strategic changes.