AGM voting results: all 4 resolutions passed unanimously

Board & Shareholder Meetings View source PDF Explain this filing

RAPPID · price

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Price reactionminutes from the announcement price · days from the prior close

+1.3%Reaction day

₹345.35

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.6%+2.9% vs market

On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+1.3-1.6+2.9

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-1.5-0.6-1.0

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AI summary

Rappid Valves submitted voting results of its 24th AGM held on September 24, 2026 via video conferencing. All 4 resolutions passed with 100 percent votes in favor and zero against. Of 51.92 lakh total shares, 28.87 lakh (55.59 percent) were polled. Resolutions covered FY26 audited accounts adoption, appointment of director Padma Lohiya, appointment of secretarial auditor, and revision in CMD Gaurav Dalal remuneration.

Likely market impact

Unanimous approval on all items, including CMD pay revision. Routine procedural filing with no negative signals.