Rhetan TMT Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting with Voting Results held on September 25, 2025
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Rhetan TMT Limited submitted the Scrutinizer's Report on voting results of its 41st Annual General Meeting held on September 25, 2025 via video conferencing (just 8 minutes long, from 3:30 PM to 3:38 PM). Out of 89,520 shareholders on record date, only 38 attended (6 promoters/promoter group and 32 public shareholders) through video conferencing. A total of 8 resolutions were passed — 3 ordinary and 5 special. The 3 ordinary resolutions covered adoption of audited financial statements for FY ending March 31, 2025, reappointment of Managing Director Mr. Shalin A. Shah (DIN: 00297447), and appointment of Secretarial Auditors. The 5 special resolutions approved material related party transactions with Ashoka Metcast Limited, Ashnisha Industries Limited, Lesha Industries Limited, Gujarat Natural Resources Limited, and Lesha Ventures Private Limited. All 8 resolutions passed with approximately 100% votes in favor.
All resolutions, including the reappointment of the Managing Director and approval of related party transactions, were passed with overwhelming shareholder support (100% in favor), indicating strong alignment between promoters and public shareholders. Retail investors should note the five material related party transactions that were approved — these may warrant review for potential governance concerns, though promoters recused themselves from voting on these special resolutions.