Voting Result and Consolidated Scrutinizer''s report for the AGM held on 30.09.2025 at Prayagraj.
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Shervani Industrial Syndicate Ltd held its 77th Annual General Meeting on 30 September 2025 at Prayagraj, where all 12 resolutions were passed with overwhelming majority. The company has a paid-up equity capital of Rs. 2,57,29,730 divided into 25,72,973 shares, with 2,239 shareholders on record as of the 23 September 2025 cutoff. About 61.84% of outstanding shares (15,91,030 shares) were polled, and resolutions were approved with 99.99% to 100% votes in favour. Key items approved include adoption of FY25 audited financials, declaration of a dividend for FY25, reappointment of directors (Mr. Saleem Iqbal Shervani, Mr. Mustafa Rashid Shervani as MD, Mr. Sadiq Husain Siddiqui), appointment of two independent directors (Ms. Aradhika Chopra and Dr. Taranah Husain Khan), ratification of cost auditor remuneration, and enhancement of borrowing powers under Section 180(1)(a) and 180(1)(c) of the Companies Act, 2013. K.O. Siddiqui of Siddiqui & Associates acted as the scrutinizer, and his report was submitted to BSE under Regulation 44 of SEBI (LODR).
All resolutions sailed through with near-unanimous support, signalling strong shareholder alignment with management. The approval of higher borrowing powers gives the company greater financial flexibility, while the dividend declaration confirms a cash reward to shareholders. No contentious issues or significant dissent was observed, so this is a routine procedural outcome with no negative impact expected on the stock.