BSEPromax Power LtdLowNeutral
Announced Tue, 30 Sept · 16:40 IST

Proceedings of 8th Annual General Meeting of the Company.

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promax Power Ltd held its 8th Annual General Meeting on September 30, 2025 at its Chandigarh office from 11:00 AM to 12:00 PM. The meeting was chaired by Managing Director Vishal Bhardwaj, with Non-Executive Director Shweta Bhardwaj and Independent Director Sanjay Kumar in attendance, alongside statutory and secretarial auditors. Three resolutions were taken up: adoption of the standalone financial statements for FY 2024-25, reappointment of Mr. Vishal Bhardwaj as a director retiring by rotation, and appointment of secretarial auditors for a 5-year term. Remote e-voting was conducted from September 27 to September 29, 2025, and the Chairman noted that both the auditors' report and secretarial audit report were clean, with no qualifications or adverse remarks. Detailed voting results are to be submitted separately within two working days.

Likely market impact

This is a routine procedural filing with no material surprises for shareholders. The clean audit reports are a positive governance signal, and the MD's reappointment signals business continuity. Investors should watch for the voting outcome, expected within two working days.