BSES. M. Gold LtdLowNeutral
Announced Wed, 1 Oct · 17:33 IST

Disclosure of voting result of 08th Annual General Meeting Pursuant to Regulation 44 of the SEBI regulation 2015

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

S.M. Gold Limited held its 8th AGM on 29 September 2025 via video conferencing, lasting just 8 minutes (2:00 PM to 2:08 PM). All 4 ordinary resolutions were passed with overwhelming shareholder support. Resolution 1 (adoption of audited financial statements for FY ended 31 March 2025), Resolution 2 (re-appointment of Managing Director Pulkitkumar Sureshbhai Shah via rotation), and Resolution 4 (appointment of Neelam Somani & Associates as Secretarial Auditor for 5 years) received 100% votes in favour. Resolution 3 (appointment of Shah Karia & Associates as Statutory Auditors) received 99.99% in favour, with just 452 votes against. Out of 16,454 shareholders on record date, 53 attended via VC (3 promoters, 50 public), and total votes polled were 6,095,871 representing 46.05% of outstanding shares.

Likely market impact

All routine AGM business was approved unanimously, reflecting smooth corporate governance with no shareholder dissent on key items including financial statements and auditor appointments. The near-100% approval across all resolutions signals strong shareholder confidence, though the low voting turnout (46% of outstanding shares) and short meeting duration are routine for a small-cap company with concentrated promoter holding (~34%).