Submission of Scrutinizer''s Report and Voting Results of 40th AGM of the Company held on 30th September, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Panafic Industrials Ltd held its 40th Annual General Meeting on 30th September 2025 in Pitampura, Delhi. Two ordinary resolutions were put to vote through remote e-voting (27-29 Sept) and physical ballot at the meeting. Both resolutions were passed with overwhelming majority: adoption of audited financial statements for FY ended 31st March 2025 was approved with 99.59% votes in favour (1,612,466 votes), while only 0.41% (6,562 votes) opposed. Re-appointment of Ms. Renu (DIN: 03572788), who retires by rotation, was approved with 99.55% votes in favour (1,611,776 votes) against 0.45% (7,252 votes). The scrutinizer was CS Jayanti Sharma of JVP & Associates. Out of 58,097 shareholders on record, only 39 attended in person and roughly 1.97% of the 8.21 crore outstanding shares were polled, indicating very low shareholder participation.
Routine procedural filing — both ordinary resolutions passed comfortably with no material dissent. Low voting turnout (around 2% of shares) is typical for small-cap companies and not a cause for concern for retail shareholders.