Sanathan Textiles Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 04, 2025
SANATHAN · price
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Sanathan Textiles Limited held its 20th AGM on August 4, 2025, and all six resolutions were passed with the requisite majority. Shareholders approved the audited standalone and consolidated financial statements for FY ending March 31, 2025, and re-appointed Mr. Anilkumar Dattani as Executive Director (retiring by rotation). A special resolution was passed to appoint Mr. Sammir Dattani as Executive Director, though it drew notable dissent — only 92.41% voted in favor overall, with institutional public shareholders splitting almost evenly (49.05% in favor vs 50.95% against). The remaining ordinary resolutions — ratifying Cost Auditor remuneration and approving Secretarial Auditor appointment — passed with near-unanimous support. Total poll participation was 84.03% of outstanding shares from 29,998 shareholders on record.
All AGM business was cleared without disruption to company operations. However, the sharp institutional split on Sammir Dattani's executive director appointment signals governance concern among certain public institutional shareholders, which investors may monitor going forward.