please find attached voting results
PANAMAPET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Panama Petrochem Ltd held its 43rd Annual General Meeting on September 9, 2025 via video conferencing, and submitted the e-voting results to BSE/NSE on September 10, 2025. Out of 6.05 crore total shares, 3.04 crore shares (50.28% of outstanding) were polled through e-voting. All seven resolutions were passed with overwhelming majority — most with 100% votes in favour and none against. Resolutions covered routine items including adoption of audited financial statements for FY25, confirmation of interim dividend and declaration of final dividend, re-appointment of Mr. Samir Rayani as director (retiring by rotation), re-appointment of statutory auditors, re-appointment of Mr. Hussein V. Rayani as Joint Managing Director (passed as special resolution), appointment of secretarial auditor, and ratification of cost auditor remuneration. Only resolutions 1, 3 and 7 received a small number of dissent votes (46, 46 and 196 respectively).
All agenda items were approved with near-unanimous support, signalling strong shareholder alignment with management on routine governance matters. Confirmation of the final dividend declaration is the most material item for retail investors, while the re-appointment of key directors and auditors indicates continuity in leadership and governance.