Proceedings and Scrutinisers Report of the 63rd Annual General Meeting (AGM) of Futura Polyesters Limited
Awaiting price reaction for this filing.
Futura Polyesters Limited held its 63rd AGM on May 29, 2026 via video conferencing. All business items were passed unanimously with 23,391,649 votes in favor and zero against for each resolution. Two resolutions were approved: (1) adoption of audited financial statements for FY 2023-24 (ordinary resolution), and (2) appointment of Mr. Gautam Purohit as Independent Director (special resolution). 21 members participated in remote e-voting and 33 members attended via VC. The company noted that there were qualifications or adverse remarks in the Statutory and Secretarial Auditors' reports, which were replied to in the Directors' Report and taken as read with shareholders' permission.
Shareholders have approved the financial statements and a new independent director appointment with 100% unanimity, indicating strong shareholder support. The auditor qualifications mentioned warrant attention when reviewing the annual report.