Scrutinizers report for AGM held on 30th september 2025
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Awaiting price reaction for this filing.
Rainbow Foundations Limited held its 31st AGM on September 30, 2025, via video conferencing, with the scrutinizer's report now submitted to BSE. Five resolutions were voted on through remote e-voting, all of which passed with overwhelming support of 99.9995% in favour. The resolutions covered: (1) adoption of audited financial statements for FY ending March 31, 2025, (2) re-appointment of Mr. Gajraj Jain as director retiring by rotation, (3) appointment of Mr. Ashish Jain as Executive Director, (4) regularization of Mr. Raghunathdogra Satishkumardogra as Independent Director (a Special Resolution), and (5) appointment of Mr. Abishek Jain as Secretarial Auditor for a 5-year term. Out of 49,617,900 total outstanding shares, 17,262,935 votes (34.79%) were polled, with the promoter group polling 64.72% of their holding and public shareholders polling 13.58%.
This is a routine procedural filing confirming that all AGM resolutions were approved by shareholders. The near-unanimous vote (99.9995%) across all five resolutions signals strong shareholder support and no governance disputes; unlikely to cause any movement in the stock price.