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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Panchsheel Organics Ltd held its 36th AGM on September 30, 2025 via video conferencing and all 7 resolutions were passed with overwhelming majority. Key approvals included adoption of the FY25 audited financial statements, declaration of a final dividend, reappointment of Managing Director Mahendra Turakhia (who retires by rotation), appointment of M/s. Vijay S. Tiwari & Associates as Secretarial Auditor, and regularization of 3 additional directors — Mr. Basant Shrivastava, Mrs. Sejal Riddhesh Shah (woman director), and Mr. Nilesh Rameshchandra Shah — as Non-Executive Independent Directors via special resolutions. Out of 1.32 crore total outstanding shares, about 51.75 lakh votes (39.29%) were polled; promoters voted in full (50.11 lakh shares, 67.78% of their holding) while only 2.84% of public non-institutional shares participated. Each resolution secured 99.97% to 99.98% support, with just 1,002 to 1,302 votes cast against.
Shareholders receive a confirmed final dividend for FY25 along with continued leadership under the existing Managing Director; the induction of three independent directors (including one woman director) strengthens board governance. The very low public voting turnout (under 3% of non-institutional shares) signals limited retail engagement but is unlikely to affect stock price since all proposals passed with near-unanimous support.