Pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (Listing Regulations), enclosed herewith the voting results ....
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Bheema Cements Limited held its 44th AGM on April 27, 2026 via video conferencing. All three resolutions were passed with 100% shareholder approval. The resolutions included adoption of financial statements, re-appointment of a director retiring by rotation, and approval of material related party transactions for FY 2023-24. Total voter turnout was 46.85% of shares, with promoters holding 15,170,592 shares voting unanimously in favor. Retail investor participation was notably low at only 0.65% of public non-institution shares (106,520 votes out of 16,440,642 held). Institutional investors did not participate in voting.
All resolutions passed smoothly with overwhelming majority, indicating management stability and shareholder confidence. The approval of related party transactions suggests continued business dealings with associated parties. Low retail participation reduces transparency signals from minority shareholders.