Announced Fri, 26 Sept · 20:19 IST

PFA

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shree Ganesh Bio-Tech (India) Limited submitted the voting results of its 15th AGM held on 26 September 2025 at 3:00 PM at its registered office in Kolkata. Five resolutions were put to vote, and all were passed. Resolution 1 (adoption of audited financial statements for FY ending 31 March 2025) was approved with 88.87% votes in favour. Resolution 2 (re-appointment of Mr. Aman Patel as Director retiring by rotation) got 83.99% support. Resolution 3 (re-appointment of Statutory Auditor and fixing remuneration) received 86.07% approval. Two special resolutions — Resolution 4 (enhancement of borrowing limits under Section 180(1)(c)) and Resolution 5 (making investments, loans, guarantees and security under Section 186) — were passed with 87.33% and 87.64% votes in favour, respectively. Total shareholders on record were 1,92,075, but only 72 public shareholders attended in person and the promoter group did not participate in voting. Voting was conducted via NSDL's remote e-voting platform and was scrutinised by Daksha Negi & Associates.

Likely market impact

Shareholders have approved expanded borrowing and investment powers for the company, giving management more financial flexibility. However, extremely low voter turnout (around 0.14% of outstanding shares) and promoter non-participation indicate limited shareholder engagement, which is typical for small-cap micro-cap companies.