Scrutinizer Report of the Annual General Meeting of the Company held on 30th September, 2025
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Quasar India Limited held its Annual General Meeting on 30th September 2025 at 2:00 PM via video conferencing, where five resolutions were put to e-vote. Resolutions 1, 3, and 4 passed comfortably with around 87–88% votes in favour. Resolution 2 received 70.79% in favour while Resolution 5 received 70.23% in favour. The scrutinizer (Jay Pandya & Associates) noted that all resolutions passed with the requisite majority except Resolution 5, which likely failed because it was a special resolution requiring a 75% threshold. Each resolution recorded 3,600 invalid votes. The cut-off date for voting eligibility was 23rd September 2025, and remote e-voting ran from 27th to 29th September 2025.
Four out of five AGM resolutions were approved, but Resolution 5 failed to secure the required majority, meaning the company cannot implement that particular proposal. The high dissent on Resolutions 2 and 5 (around 29–30% against) signals notable shareholder pushback on those specific items, which investors should watch for further communication from management.