Outcome of EGM.
Awaiting price reaction for this filing.
Vijay Textiles Limited held its 01/2025-26 Extra-Ordinary General Meeting on Friday, June 20, 2025, via video conference from 11:00 AM to 11:23 AM. Three special resolutions were put to vote: (1) appointment of Shri. Chandan Gupta (DIN: 08655931) as Independent Director, (2) appointment of Smt. Raveena Agrawal (DIN: 09117345) as Independent Director, and (3) re-appointment of Shri. Vijay Kumar Gupta (DIN: 01050958) as Chairman and Managing Director. All three resolutions were passed with overwhelming shareholder support — approximately 99.10% of votes polled were in favour. Out of 7,945 total shareholders on record date (cut-off date June 13, 2025), 40 members attended the meeting through VC. Scrutinizer Nishant Darak & Associates oversaw both the remote e-voting (June 17–19, 2025) and e-voting at the EGM, confirming the results are fair and transparent.
These are routine corporate governance items — two new independent directors strengthen board oversight, and the CMD re-appointment ensures leadership continuity. No major business, capital structure, or strategy change is involved, so the stock price impact is expected to be negligible.