Scrutinizer''s Report along with Voting Results
Awaiting price reaction for this filing.
The 34th Annual General Meeting of Shivom Investment & Consultancy Ltd was held on December 30, 2025, and all 9 resolutions were passed with 100% votes in favor and zero dissent. Key items included adoption of FY25 audited financial statements, appointment of M/s S PARTH & CO as statutory auditors for FY26, and regularisation of 5 additional directors (Prashant Ukani, Kuldeep Khachar, Kevin Aghara, Manish Raval, and Purvi Ukani). Two special resolutions were also approved: a name change to 'Prarambh Industries Limited' and alteration of the main object clause of the Memorandum of Association. Out of 4,772 shareholders on record date, only 20 members cast votes representing 54.60 lakh shares (84.78% of total outstanding shares), with all promoter group shares (60 lakh) voting in favor and virtually no public participation (only 2 public shares voted).
Routine AGM with the significant highlight being a company name change to Prarambh Industries and a shift in main business objects, suggesting a possible pivot in business direction. The zero-dissent outcome and negligible retail/public voting mean shareholders should monitor subsequent filings to understand the rationale and strategic implications of the rebrand and altered business objects.