The Voting results along with the Scrutinizer''s report is enclosed.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sawaca Enterprises Ltd held its 31st AGM on September 30, 2025 via video conferencing, where all seven resolutions were passed. The resolutions included adoption of audited financial statements for FY ending March 31, 2025 (99.59% in favor), re-appointment of Mr. Satishkumar R Shah as Director (95.15% in favor), appointment of M/s Shah Sanghvi & Associates as Statutory Auditors (99.44% in favor), re-appointment of Shri Shetal S Shah as Chairman and Managing Director (92.93% in favor, with promoter votes excluded), regularization of two Independent Directors (Mrs. Binaben Vijaykumar Shah and Mr. Kishor Girishbhai Agaja, both at 95.36%), and appointment of Secretarial Auditors (99.46% in favor). Voting turnout was very low at just 2.38% of outstanding shares, with 194,045 total shareholders on record. Total equity base stood at 572,049,500 shares, with promoters holding 4,696,777 shares (~0.82%).
All seven resolutions passed without difficulty, though some saw notable dissent (4.85%–7.07% against, mainly on director appointments). No material governance or strategic changes signaled, as most items were routine. The extremely low voting turnout (only ~2.38% of shares polled) is typical for small-cap companies and unlikely to move the stock.