Pursuant to Regulation 44 of SEBI LODR Regulations, 2015, please find attached herewith Scrutinizer''s report along with results of remote e-voting and voting during the 32nd AGM of the ....
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Rodium Realty held its 32nd AGM on September 30, 2025, via video conferencing. Six resolutions were voted on through remote e-voting and e-voting at the meeting. Resolutions 1 and 2 (adoption of audited standalone and consolidated financial statements for FY25) passed with 74.44% votes in favour, but saw notable dissent of 25.56%. Resolution 3 (re-appointment of Mr. Rohit Dedhia, who retires by rotation) and Resolution 4 (appointment of M/s. M.M. Nissim & Co LLP as statutory auditors) passed comfortably with 99.26% votes in favour each. However, Resolution 5 (Rodium-Employee Stock Option Scheme 2025) and Resolution 6 (provision of funds for ESOP trust share purchase) FAILED, as both are special resolutions requiring 75% majority but received only 61.33% votes in favour. Unusually, promoters voted against the ESOP scheme (only 54.06% of promoter votes in favour).
The rejection of the ESOP 2025 scheme by shareholders is a notable negative signal, suggesting concerns about dilution or incentive structure. The management will need to rework or drop the ESOP plan. Significant dissent (over 25%) on financial statements, despite passage, may also raise governance questions. Director re-appointment and auditor change proceeded smoothly with strong support.