BSERadha Madhav Corporation LtdLowNeutral
Announced Wed, 1 Oct · 20:30 IST

Scrutinizer report

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Radha Madhav Corporation held its 21st AGM on September 30, 2025, via video conferencing. All four resolutions were approved by shareholders: adoption of FY25 audited financial statements (99.76% in favor), reappointment of Mr. Vijay Patel as Non-Executive Non-Independent Director (89.44% in favor), appointment of M/s. DSM and Associates as Secretarial Auditor (99.76%), and approval of a related party transaction (99.76%). The director reappointment saw notably higher dissent at 10.56% compared to under 1% on the other resolutions. The report also notes the company's pending process to list and dematerialize shares cancelled and issued under its 2022 NCLT-approved IBC resolution plan.

Likely market impact

Routine procedural filing with all resolutions cleared. The 10.56% dissent on the director reappointment is worth noting, though the resolution still passed comfortably. Shareholders should track the ongoing share listing and dematerialization stemming from the 2022 resolution plan as a potential catalyst.