As per Reg. 44 of SEBI (LODR) Enclosed herewith Voting Result & Scrutinizer Report of 64th Annual General Meeting dated August 07, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Permanent Magnets Limited held its 64th AGM on August 7, 2025 via video conferencing, where all 7 resolutions were passed with overwhelming majority (over 99.99% in favour). The key resolutions included adoption of audited financial statements for FY25, declaration of a final dividend of Rs. 2 per equity share, re-appointment of director Girish Desai, revision of remuneration for Managing Director Sharad Taparia effective April 1, 2025, re-appointment of Sharad Taparia as MD from April 1, 2026, increase in authorised share capital with corresponding amendment to the MOA, and appointment of Dash Dwivedi & Associates LLP as secretarial auditors. Of the 85,98,453 outstanding shares, 52,50,066 shares (61.06%) were polled for most resolutions; for resolutions 4 and 5 where promoters were interested, the polling dropped to 45.12%. A total of 19,533 shareholders were on record as of the July 30, 2025 cut-off date.
Routine regulatory disclosure confirming shareholder approval of all AGM agenda items. Shareholders will receive a Rs. 2 per share final dividend, and the increase in authorised share capital signals potential future fundraising or stock split plans worth monitoring. No material governance red flags as all resolutions sailed through with near-unanimous support.