Outcome of AGM
Awaiting price reaction for this filing.
Radha Madhav Corporation Ltd held its 21st AGM on September 30, 2025 via video conferencing, lasting just 12 minutes. All four resolutions were approved by shareholders: (1) adoption of audited standalone financial statements for FY ending March 31, 2025 (99.76% in favour), (2) re-appointment of Mr. Vijay Patel as Non-Executive Non-Independent Director (89.44% in favour), (3) appointment of M/s. DSM and Associates as Secretarial Auditor (99.76% in favour), and (4) approval of related party transactions passed as a special resolution (99.76% in favour). Out of 17,400 total shareholders, only 24 members attended the meeting and just 56,206 shares were voted (approximately 0.061% of total shares outstanding of 9.12 crore). Promoters holding 1.83 crore shares did not vote on the director re-appointment and related party transaction resolutions due to being interested parties.
The resolutions were all passed, but the extremely low voter turnout (0.061%) means the results largely reflect the views of a very small subset of public shareholders. Shareholders should review the related party transaction details and the director re-appointment, as the promoter group was excluded from voting on these specific items.