Please find the attachment of the outcome and proceeding of the annual general meeting held on 25th Sep, 2025 at 3:00 p.m.
Awaiting price reaction for this filing.
The 31st Annual General Meeting of Gopal Iron & Steels Co. (Gujarat) Limited was held on 25th September 2025 via video conferencing, starting at 3:00 PM and concluding at 3:21 PM. Mrs. Kundanben Patel (Managing Director), Mr. Baldev Patel (Chairperson & CFO), and other directors were present. Ordinary business included adoption of audited financial statements for FY ended 31st March 2025 and re-appointment of Mrs. Kundanben Patel as director, who retires by rotation. Special business included appointment of M/s A Shah & Associates as secretarial auditor for five years (till FY 2029-30) and approval of a related party transaction with Harigopal Steels & Metals Private Limited, where Mrs. Kundanben Patel and Mr. Baldev Patel are common directors. E-voting was kept open for 15 minutes after the meeting, with A. Shah & Associates appointed as scrutinizer. Voting results are pending and will be declared once the scrutinizer's report is received.
This is a routine procedural filing; the actual impact on shareholders depends on the pending e-voting results. The related party transaction with Harigopal Steels & Metals—where promoter-directors hold common positions—warrants closer scrutiny as it involves a potential conflict of interest. Watch for the voting outcome announcement for confirmation of approvals.