Announced Sat, 27 Sept · 17:19 IST

Proceedings of the 19th Annual General Meeting

Board & Shareholder Meetings View source PDF

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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

Ratnabhumi Developers held its 19th AGM on September 27, 2025, via video conferencing from 11:00 AM to 11:12 AM IST. CMD Kaivan Shah chaired the meeting; only director Ms. Avani Sanghavi was absent. Five resolutions were transacted: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, (2) re-appointment of Mr. Kaivan Shah as director retiring by rotation, (3) appointment of statutory auditors and fixing their remuneration, (4) appointment of secretarial auditor, and (5) approval of related party transactions. Resolutions 4 and 5 were passed as special resolutions, requiring a higher voting threshold. Remote e-voting ran from September 24 to September 26, 2025, and the results are awaited pending the scrutinizer's report.

Likely market impact

This was a routine AGM with standard agenda items. The approval of related party transactions as a special resolution is the most noteworthy item for shareholders, as it signals ongoing inter-group dealings. E-voting results are pending and could influence near-term sentiment once announced.