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Awaiting price reaction for this filing.
Purshottam Investofin Ltd held its 36th AGM on September 26, 2025, via video conference from 4:30 PM to 4:52 PM, attended by 57 members. All 5 resolutions were approved with over 99.99% votes in favor. The resolutions included adoption of audited financial statements for FY ended March 31, 2025, re-appointment of Mr. Pramod Kumar Jain (Whole Time Director) as a director retiring by rotation, appointment of M/s Kundan Agrawal & Associates as Secretarial Auditors, ratification of related party transactions, and a special resolution to increase investment limits in bodies corporate. Notably, the promoter and promoter group did not cast any votes, with all voting coming from public non-institutional shareholders. The total number of shareholders on the record date was 1,419.
Routine AGM proceedings with routine approvals; no material corporate action. The increased investment limit in bodies corporate (special resolution) gives the company more flexibility to deploy capital, but the absence of promoter voting and low overall voting participation (~43% of outstanding shares on key resolutions) suggest limited shareholder engagement. No material impact on share price expected.