in compliance to clause 44(3) of the SEBI(LODR) Regulations 2015, we are enclosing herewith proceedings / voting held in Annual General meeting of the members of the company on 30th sept. ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Samtel India Limited held its 42nd Annual General Meeting on 30th September 2024 at its registered office in New Delhi, chaired by Mr. Dhruv Sethi, with Managing Director Mr. Satish Kumar Kaura joining via video conference. All seven resolutions on the agenda were approved unanimously, with 100% votes in favour — 21,97,550 votes cast by 41 members and zero dissent. Key items included adoption of the FY2023-24 standalone financial statements, re-appointment of Mrs. Alka Kaura (retiring by rotation), and re-appointment of independent directors Mr. Dhruv Sethi and Mr. Rajesh Bhalla for a further 5-year term. Shareholders also approved expanded borrowing limits beyond Rs. 50 crores under Section 180(1)(c) and related-party transaction limits up to Rs. 25 crores under Sections 186/188 of the Companies Act. No participation was recorded on the remote e-voting platform; all voting took place at the meeting via poll.
A routine, smoothly-conducted AGM with full shareholder consensus on all items. The approvals give the company greater headroom to borrow and engage in related-party transactions, but the small voter base (41 members) suggests this is a closely-held company where outcomes were largely a formality.