All 6 AGM resolutions rejected by shareholders at Shalimar Productions
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.1 pts less than its Media & Entertainment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The 41st AGM was held on Sept 30, 2026 in Mumbai and ALL 6 resolutions FAILED. Promoters holding 6% stake (5.93 crore shares) voted 100% in favor. Public non-institutions holding 94% stake voted overwhelmingly against, with 99.67% of e-votes against (14.89 crore shares). Overall, only 46.7% of polled votes favored each resolution versus 53.3% against. Rejected items include adoption of FY26 financial statements, re-appointment of director Vikramjit Singh Gill, appointment of statutory auditor, material related party transactions, enhanced borrowing limit, and loans and investments under Sections 185 and 186.
Major governance shock. Financial statements unadopted, no auditor appointed, and borrowing powers denied. Expect board instability and regulatory scrutiny.