Parnax Lab AGM 2026: All 4 resolutions passed unanimously

Board & Shareholder Meetings View source PDF Explain this filing

PARNAXLAB · price

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Price reactionminutes from the announcement price · days from the prior close

+3.6%Reaction day

₹111.00

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+4.9% vs market

Pharmaceuticals peers, median of 173sector-0.8%+4.4% vs sector

On the reaction day the stock moved 4.9 pts more than Nifty Microcap 250 and 4.4 pts more than its Pharmaceuticals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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+3.6-1.3+4.9-0.8+4.4

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UpDownMarket · Nifty Microcap 250Sector · Pharmaceuticals peers, median of 173Pending

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AI summary

Parnax Lab held its 44th AGM on September 29, 2026 via video conferencing. All 4 resolutions passed with 100 percent votes in favor and none against: adoption of FY26 audited financial statements, re-appointment of Mr. Mihir P. Shah as director, appointment of Ladha Singhal and Associates as new statutory auditors for a 5 year term, and approval of material related party transactions with Naxpar Pharma Pvt Ltd. Promoters abstained from voting on the related party resolution.

Likely market impact

Routine outcome. All 4 resolutions passed unanimously with zero votes against. New statutory auditor Ladha Singhal and Associates appointed for 5 years.