Announced Wed, 23 Sept, 2026 · 15:39 IST

7th AGM: Both resolutions passed with full approval

Board & Shareholder Meetings View source PDFExplain this filing

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On the reaction day the stock moved 8.4 pts more than Nifty Microcap 250 and 7.1 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

The 7th AGM of Piotex Industries was held on 23 Sep 2026 via video conferencing. Two ordinary resolutions were passed with 100 percent votes in favour and zero against. Total 33.67 lakh votes were polled, representing about 66 percent of total shares. Resolution 1 approved audited financial statements for FY ended March 2026. Resolution 2 re-appointed Mr Yogesh Nimodiya as director liable to retire by rotation.

Likely market impact

Routine AGM business completed smoothly with full shareholder approval. No major governance change; director re-appointment confirms existing board continuity.