Scrutinizers Report alongwith Voting Results
Awaiting price reaction for this filing.
Mahan Industries held its 31st AGM on September 30, 2025 via video conferencing, where all three resolutions were approved with overwhelming majority (99.96% in favour). The resolutions included adoption of audited financial statements for FY ended March 31, 2025, re-appointment of Managing Director Yogendra Kumar Gupta (DIN: 01726701) who retires by rotation, and appointment of the Secretarial Auditor (passed as a Special Resolution). Out of 45 lakh total shares, only 12.46 lakh shares (27.70%) were polled, with promoters contributing 52,169 shares and public non-institutional holders casting 11.94 lakh votes. Only 433 shares (0.04%) voted against each resolution. Of 8,680 total shareholders on record, just 32 attended via video conferencing.
This is a routine AGM outcome with no contentious issues - all resolutions passed comfortably, including the reappointment of the existing Managing Director. Low voting turnout (27.70%) and near-unanimous approval suggest no governance concerns from shareholders at this point.