Disclosure of voting results of 40th Annual General Meeting of the company held on 25th September 2025.
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Real Touch Finance Limited held its 40th AGM on 25th September 2025 via video conferencing, with 36 shareholders attending. The meeting covered 8 resolutions, all of which were passed with requisite majority. Key resolutions included adoption of FY25 audited financial statements, re-appointment of Mrs. Padmini Ceruseri Srikanth as Non-Executive Director, appointment of M/s. G.S. Chugh & Associates as Statutory Auditors for 3 years, and appointment of M/s. S Satheesh Kumar & Associates as Secretarial Auditor for 5 years. Three ordinary resolutions approving material related party transactions with Khivraj Automobile & Infrastructure, KhivrajKamal Motors, and Khivraj Motors were passed with 86.97% in favor, with promoters abstaining due to their interest. A special resolution revising the remuneration of Whole-time Director Mr. Gopal Sridharan was also passed with 99.30% support. Out of 1,26,92,690 total shares, 72,58,341 shares (57.19%) were polled, with public participation being notably low at only 6.67% of public shares voted.
All 8 resolutions passed successfully, confirming shareholder support for management's proposals including the related party transactions with Khivraj group entities, though these saw notable dissent (13.03% against). The relatively low public shareholder turnout and the recurring 'against' votes on RPTs may signal minority investor concerns about related party dealings, worth monitoring for governance implications.