Voting result along with the Scrutinizer Report of the Extra-ordinary General Meeting of the Company held on April 08th, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Quality RO Industries Ltd held an EGM on April 8, 2026, where all 3 resolutions were passed unanimously with 100% votes in favor. Resolution 1 (Ordinary) approved the appointment of M/s Panchal SK & Associates as new Statutory Auditors, replacing M/s Doshi Doshi & Co. who resigned. Resolutions 2 and 3 (Special) authorized the Board to grant loans, guarantees, provide securities, and make investments under Sections 186 and 185 of the Companies Act, 2013. Out of 2.55 million total shares, 1.57 million votes (61.7%) were polled by 9 shareholders. Promoter group held 1.21 million shares with near-complete 99.99% voting participation.
The auditor change may signal improved audit governance. The Section 185 and 186 approvals give the Board flexibility for financial arrangements, which shareholders should monitor for potential related-party transactions. The 100% approval with heavy promoter participation indicates strong promoter control over decisions.