Please find enclosed consolidated voting results transacted at the 40th Annual General meeting ("AGM") of the Company as per regulation 44 of SEBI (LODR), Regulations, 2015 alongwith the ....
Awaiting price reaction for this filing.
Dynamic Microsteppers Ltd held its 40th AGM on September 29, 2025, conducted via video conferencing, where all four resolutions were passed unanimously with 100% votes in favour. The resolutions included adoption of audited financial statements for FY ended March 31, 2025, re-appointment of Mr. Ashwin Shantilal Shah as director (retiring by rotation), re-appointment of M/s. SSRV & Associates as Statutory Auditors for a second 5-year term, and appointment of M/s. Harsh Hiren Shah & Associates as Secretarial Auditors for 5 years. A total of 4,14,450 shares were voted, representing only 12.02% of the company's outstanding shares, indicating low shareholder participation. No votes were cast against any resolution. The scrutinizer, Harsh Hiren Shah & Associates, confirmed the voting process was conducted fairly and transparently.
All resolutions passed without opposition, confirming smooth corporate governance. However, the extremely low voting turnout (~12% of outstanding shares) suggests minimal minority shareholder engagement, though this is typical for small-cap companies with concentrated promoter holdings (~27.5% held by promoters).