Please find enclosed herewith intimation of voting results with scrutinizer report of the 40th Annual General Meeting of the company.
Awaiting price reaction for this filing.
Shantai Industries Ltd held its 40th Annual General Meeting on 24th September 2025 at its registered office in Surat, Gujarat at 4:00 PM. All six resolutions set out in the AGM notice were approved by shareholders with the requisite majority, as confirmed by the scrutinizer's report dated 26th September 2025. Key resolutions included the adoption of audited financial statements for FY ended 31st March 2025, appointment of Mr. Ranjit Kejriwal as Secretarial Auditor, and the re-appointment of directors including Mrs. Vandanaben Dalal (Independent Director), Mr. Harishbhai Sawlani (Managing Director) and Mr. Vasudev Sawlani (Whole-time Director), all for five-year terms with continuation of employment past age 70 for the latter two. E-voting was conducted via NSDL from 21st to 23rd September 2025, with virtually all votes cast in favour — only 5 shares were voted against any resolution. The resolutions on director re-appointments saw lower participation (20,398 shares from 26 members), likely because promoter-group shareholders recused themselves from related-party resolutions, while non-related resolutions attracted 56,00,398 shares from 31 members.
This is a routine corporate governance disclosure with all resolutions passing comfortably — no material impact expected on the stock price. The high approval margins and smooth conduct of the AGM reflect stable promoter control and orderly governance at the company.