AGM Scrutnizers Report and Voting Results
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Awaiting price reaction for this filing.
Pasari Spinning Mills held its 34th Annual General Meeting on September 27, 2025, via video conferencing from 11:00 AM to 11:15 AM. All three ordinary resolutions were passed with overwhelming support, receiving 99.47% votes in favour (78,61,752 shares) and only 0.52% against (41,283 shares). The resolutions covered: (1) adoption of the audited financial statements for FY ended March 31, 2025, (2) re-appointment of Mrs. Poonam Gupta as director retiring by rotation, and (3) appointment of M/s Vinay & Ashwini as Secretarial Auditors for a five-year term (FY2025-26 to FY2029-30). Out of 11,700 shareholders on record date, 42 attended via VC, and a total of 79,03,035 shares (57.27% of total shareholding) were voted. Promoters voted 100% in favour while public shareholders showed 92.89% support. Scrutinizer Vinay BL certified the voting process as fair and transparent.
This is a routine procedural filing with no material impact on shareholders. The strong approval margins and full promoter backing indicate smooth governance, and the new secretarial auditor appointment provides continuity for the next five years. No significant stock price catalyst is expected from this disclosure.