AGM voting results - 2 resolutions passed with thin margins

Board & Shareholder Meetings View source PDF Explain this filing

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

Price reactionminutes from the announcement price · days from the prior close

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Nifty Microcap 250market · in no size index; the smallest one is used-1.6%-3.4% vs market

Trading & Distributors peers, median of 134sector-0.8%-4.2% vs sector

On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 4.2 pts less than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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-5.0-1.6-3.4-0.8-4.2

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+0.0-0.6+0.6-0.9+0.9

+5.0-0.8+5.8-1.0+6.0

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+0.0-6.9+6.9-5.7+5.7

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UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 134Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

42nd AGM held Sep 25, 2026. Two ordinary resolutions passed: (1) approval of FY26 audited financials, (2) reappointment of Mr. Milan Khatri as director. Both passed with only 51.83% in favour versus 48.17% against, on just 5.92 percent of shares polled. Promoters cast zero votes. Only 51 public shareholders attended in person.

Likely market impact

Thin margins (51.83% vs 48.17%) and zero promoter participation hint at possible governance concerns despite resolutions passing.