41st AGM voting results: all 3 resolutions passed with requisite majority
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Sheraton Properties & Finance held its 41st AGM on September 30, 2026. All 3 resolutions passed with requisite majority. Resolution 1 (adoption of FY26 audited financials) passed with 100 percent in favor (8,16,650 shares). Resolution 2 (re-appointment of Meenakshi Bhansali as director) passed with 99.99 percent in favor (8,16,550 versus 100 against). Resolution 3 (material related party transactions) saw 4 members with 6,80,300 shares marked invalid; remaining 1,36,350 valid votes were 1,36,250 in favor and 100 against. Total shares polled: 8,16,650 (68 percent of 12 lakh outstanding).
Routine AGM business concluded successfully. Director re-appointed and related party transactions approved. Minor dissent on resolutions 2 and 3.