Outcome of Annual General Meeting
Price
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Awaiting price reaction for this filing.
Pervasive Commodities Ltd held its 40th AGM on 30th September 2025 via video conferencing, lasting just 8 minutes (12:00 PM to 12:08 PM), chaired by Managing Director Mr. Fagun Chandrakant Soni. Eight resolutions were tabled and put to e-voting, including adoption of FY25 audited financials, re-appointment of Mr. Soni as Managing Director (retiring by rotation), and appointment of M/s. V S S B & Associates as Statutory Auditor. Special resolutions were passed for raising borrowing limits under Section 180(1)(c), authority to sell or dispose of the company's undertaking, powers under Section 186, and approval of loans to directors under Section 185. M/s. Jay Pandya & Associates was also appointed as Secretarial Auditor for a five-year term. Consolidated e-voting results are to be announced within 2 working days.
Routine AGM outcome — no immediate operational surprises. However, the special resolutions on borrowing powers, asset disposal authority, and loans to directors give the management significantly broader financial flexibility, which shareholders should monitor closely in future filings for related-party transactions or asset divestments.