Revised Scrutinizer report for Annual General Meeting held on 9th September 2025
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Sagar Systech Limited submitted a revised scrutinizer's report for its 41st Annual General Meeting held on 9th September 2025 in Mumbai. The revision was made to fix an inadvertent technical error in the earlier report submitted to BSE. Two resolutions were put to vote: (1) adoption of audited financial statements for FY ended 31st March 2025, and (2) re-appointment of Mrs. Meena Mukesh Babu (DIN: 00799732) as a director (retiring by rotation), who is from the promoter group. Both resolutions were passed unanimously with 100% votes in favour and zero against. For the financial statements, 272,150 shares (85.05% of total 320,000 shares) were polled, while only 61,150 shares (19.11%) were polled for the director re-appointment.
Routine AGM business completed successfully with no dissent from shareholders. The unanimous approval and technical revision suggest no material governance concerns, though the low shareholder turnout (only 137 shareholders on record, 17 attended) indicates a closely-held company with limited public float participation.