Proceedings and Scrutinisers Report of the 60th Annual General Meeting (AGM) of Futura Polyesters Limited
Awaiting price reaction for this filing.
Futura Polyesters Ltd held its 60th AGM on May 29, 2026 via video conferencing. Two ordinary resolutions were passed unanimously - adoption of audited financial statements for the year ended March 31, 2021, and appointment of M/s V.S. Somani & Co. as the new statutory auditors. A total of 20 members cast 23,391,493 votes (100% in favour, 0 against) for both resolutions through remote e-voting. No votes were cast during the e-voting at the AGM. The meeting lasted 6 minutes and was attended by 34 members. Note: The document shows financials for year ended March 2021, which appears inconsistent with a May 2026 meeting date and may indicate a filing error.
All resolutions passed smoothly with unanimous shareholder approval, indicating stability in management decisions. The appointment of new auditors V.S. Somani & Co. replaces the prior auditor firm. There were no dissenting votes, suggesting shareholder confidence despite auditor qualifications mentioned in the directors' report.