Sanghi Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on June 26, 2025. Further, the company has informed the Exchange regarding voting results.
Awaiting price reaction for this filing.
Sanghi Industries held its 38th AGM on June 26, 2025 via video conferencing, where all six ordinary resolutions were passed with overwhelming majority. Shareholders approved the FY25 audited financial statements (99.99% in favor) and the re-appointment of Mr. Vinod Bahety as director (99.99%). New auditors were also appointed: S R B C & Co. LLP as statutory auditors for a five-year term (99.99%) and Parikh Dave & Associates as secretarial auditor for five years (99.99%). Cost auditor remuneration for FY26 was approved (99.99%), and material related party transactions with Adani Logistics Limited received 99.68% support, though the promoter group holding around 19.37 crore shares abstained on about 17.5 crore shares as they are an interested party. Overall voting participation was about 68.47% of the 25.83 crore outstanding shares.
This is a routine AGM outcome with all resolutions clearing easily, indicating no shareholder dissent on governance or auditor appointments. The Adani Logistics RPT approval formalizes intra-group dealings within the Adani ecosystem and is the most material item for shareholders to note, given the promoter group's interested-party status.