The result of the voting held for the adjourned 39th Annual General Meeting of the members of the Company held on Tuesday 30/09/2025 in the prescribed format certified by scrutinizer
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Punctual Trading Ltd has disclosed the voting results of its adjourned 39th AGM held on 30 September 2025. The original AGM on 23 September 2025 was adjourned due to lack of quorum, and the adjourned meeting was held to consider two ordinary resolutions. Both resolutions — adoption of the audited financial statements for FY 2024-25 and the re-appointment of Mrs. Deepa Bhavsar (DIN: 07167937) as a director retiring by rotation — were passed with 100% votes in favour. Only 7 members participated in the voting, casting 138,430 shares, which represents just 13.84% of the company's total 10,00,000 outstanding equity shares. All votes polled came from the promoter/promoter group category, with no participation from public institutional or non-institutional shareholders.
The resolutions were passed unanimously, so there is no governance outcome to act on. However, the very low voting turnout (~14%) and the need to adjourn the original AGM for lack of quorum indicate weak shareholder participation, which is a minor governance red flag but typical for small-cap, low-float companies.