AGM results: All 5 resolutions passed, borrowing limit raised to 400 crores

Board & Shareholder Meetings View source PDF Explain this filing

SAVY · price

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

-0.9%Reaction day

₹136.10

prior close

₹134.85

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+0.4% vs market

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-0.9-1.3+0.4

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AI summary

SAVY held its AGM on Sept 30, 2026. All 5 resolutions passed with 100 percent votes in favor, including adoption of FY26 audited financials, re-appointment of director Mr. Liladhar Mundhra, related party transaction approval, appointment of KPJS and Associates as secretarial auditor, and increase in borrowing limit to 400 crores under Section 180(1)(c). Only 24,000 shares were polled from public non-institutions via e-voting.

Likely market impact

400 crore borrowing limit expansion signals growth or capex plans. Low shareholder participation is notable.