Scrutinizer''s Report for 40th Annual General Meeting.
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Sheraton Properties & Finance Ltd held its 40th AGM on 25th September 2025, where all six resolutions were passed with the required majority. Of 389 total shareholders, 12 voted through remote e-voting, representing 10,22,150 shares (85.18% of the 12,00,000 outstanding shares). Resolutions included adoption of FY25 audited financial statements (100% in favour), re-appointment of Mr. Jayesh B. Bhansali as a director retiring by rotation (99.99% in favour), appointment of M/s Rathi & Associates as Secretarial Auditors for five years (99.99% in favour), and appointment of two new independent directors — Mr. Nilesh Sheth and Mrs. Mansi Srivastava — each for a five-year term (99.99% in favour each). The sixth resolution, approving material related party transactions, passed with 99.93% in favour, though 8,88,600 promoter-held shares were excluded as invalid since promoters are deemed interested parties in such transactions.
Routine AGM business — no material change for shareholders. The resolutions are standard governance items (financial approval, auditor and director appointments). Low public participation (only 12 of 389 shareholders voted) reflects the closely-held nature of this small-cap company.