Company has submitted with the exchange a copy of scrutinizers report along with the voting results
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Shree Precoated Steels Ltd held its 17th AGM on September 17, 2025 via video conferencing, which concluded in about 35 minutes. All five resolutions were passed with overwhelming majority — over 99.99% of votes polled were in favour, with just 17 dissenting votes across all resolutions. The resolutions included adoption of FY25 audited financial statements, reappointment of Mr. Nilesh H. Sarvaiya as a director, appointment of Mrs. Shreya Shah as Secretarial Auditor, and two special resolutions covering revision in remuneration and reappointment of Mr. Harsh L. Mehta as Managing Director. Total voting turnout was about 35.36% of outstanding shares (around 14.64 lakh shares), with promoters voting 100% in favour and public non-institutional shareholders also voting 99.9969% in favour; institutional shareholders did not participate. As of the cut-off date, the company had 14,667 shareholders on record.
Strong shareholder approval (near-unanimous) of all AGM resolutions signals stable governance and continued backing of the existing management, including the Managing Director's reappointment and revised pay. No negative signal — institutional non-participation and modest overall turnout (~35%) are routine for a small-cap company and unlikely to move the stock.