Power Mech Projects Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 22, 2025
POWERMECH · price
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Power Mech Projects held its 26th AGM on September 22, 2025, via video conferencing, with 48 shareholders participating. The meeting was chaired by CMD Mr. Sajja Kishore Babu and attended by all directors except Mr. Vivek Paranjpe, who requested leave of absence. Statutory and secretarial auditor reports contained no qualifications. Ten resolutions were put forward for shareholder approval, including adoption of financial statements, declaration of dividend on equity shares, re-appointment of the Managing Director, appointment/re-appointment of directors, ratification of cost auditors, related party transactions with subsidiaries, and payment of consultancy fees to a non-executive director. Remote e-voting was held from September 19-21, 2025, and voting results will be declared and submitted to NSE and BSE within regulatory timelines. The meeting concluded at approximately 10:53 AM.
This is a routine procedural filing with no material surprises — auditor reports are clean, the board was substantially present, and key resolutions including dividend declaration and director re-appointments have been put to vote. Voting results, once declared, will be the next catalyst for any share price movement.