Announced Wed, 1 Oct · 14:25 IST

Scrutinizers, Report

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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

Quadrant Televentures Limited held its 78th Annual General Meeting on September 29, 2025, through video conferencing. The company is currently under Corporate Insolvency Resolution Process (CIRP) after the NCLT Mumbai Bench admitted a petition filed by IDBI Trusteeship Services Limited on September 2, 2025, and appointed Mr. Atul Kumar Kansal as Interim Resolution Professional, with the board's powers now suspended. Three ordinary resolutions were put to vote: (1) adoption of audited financial statements for FY ended March 31, 2025 (passed with 79.58% in favor), (2) appointment of M/s B K Gupta & Associates as Secretarial Auditors for 5 years from April 1, 2025 to March 31, 2030 (passed with 79.57% in favor), and (3) ratification of remuneration to M/s SDM and Associates as Cost Auditors for FY 2025-26 (passed with 79.57% in favor). Only 90 members participated in remote e-voting, representing 14,663,549 shares or just 2.39% of the 612,260,268 outstanding shares, with 13-14 members abstaining on each resolution.

Likely market impact

The filing confirms completion of procedural AGM requirements while the company is under insolvency resolution, with all three routine resolutions clearing despite very low shareholder participation (2.39%). The CIRP status and IDBI Trusteeship-led admission mean significant corporate action lies ahead, and shareholders should expect further updates on the resolution plan process.