Scrutinizer Report on 40th Annual General Meeting of the Company held on 29th September, 2025.
Awaiting price reaction for this filing.
The 40th AGM of Viaan Industries Ltd (now Redmax Footwears Limited) was originally held on 22nd September 2025 but was adjourned to 29th September 2025 due to lack of the required quorum, and voting was conducted via NSDL's e-voting platform. All 11 resolutions were passed with overwhelming majority, including adoption of FY25 audited financial statements (98.64% in favor), reappointment of Mr. Ghanshyam Shukla as director (98.08%), and appointment of three new independent directors — Mr. Amit Singhania, Mrs. Rupali Singhania, and Mr. Himanshu Kumar (each over 99% in favor). The shareholders also approved material related party transaction limits with Lam N Fab (99.82% in favor), Hemant Jindal, Hemant Jindal HUF, Monika Jindal, and Neha Jindal (~96.68% in favor each), along with the appointment of Kapil Kumar & Co. as secretarial auditor.
All resolutions sailed through comfortably, confirming strong shareholder support for the new board composition and related-party transaction framework. The name change from Viaan Industries Ltd to Redmax Footwears Limited and the need for an adjourned AGM due to missing quorum are minor governance watchpoints but unlikely to materially affect the stock price.