Voting results of 45th AGM held on July 31, 2025 @ 10.30 AM
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Awaiting price reaction for this filing.
Sanco Trans Ltd held its 45th Annual General Meeting on July 31, 2025 via video conferencing. Out of 18,00,000 total shares, 13,13,855 shares (72.99%) were voted through e-voting. All five resolutions were passed with near-unanimous approval (99.9998% in favor, only 3 votes against across all resolutions). The resolutions included adoption of audited financial statements for FY ending March 31, 2025, declaration of a dividend, reappointment of Mr. Udayabhaskar Reddy U as Whole Time Director, appointment of A.K. Jain & Associates as Secretarial Auditors for five years, and appointment of Mr. T.R. Chandrasekaran as Independent Director. The promoter group (holding 13,03,688 shares) voted 100% in favor of every resolution.
This is a routine procedural filing showing strong shareholder approval across all agenda items. The declaration of a dividend is the most relevant positive signal for retail shareholders, confirming an income event for the year ended March 31, 2025. No contentious issues or significant dissent was recorded, so this filing is unlikely to move the stock price.