Announced Mon, 28 Sept, 2026 · 18:36 IST

S&T Corporation 42nd AGM voting results: both resolutions passed with 99.98% support

Board & Shareholder Meetings View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 3.1 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

At the 42nd AGM held on September 28, 2026 via video conferencing, S&T Corporation shareholders approved both ordinary resolutions with 99.98% support. These were: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2026, and (2) re-appointment of Mr. Dhaval Savai as director, who retires by rotation. Total votes polled: 17,628,947 (55.38% of outstanding shares). Only 0.02% voted against each resolution.

Likely market impact

Both AGM resolutions approved overwhelmingly. Strong shareholder support with minimal dissent signals routine governance, no material stock impact expected.