BSESobhagya Mercantile LtdMediumNeutral
Announced Wed, 1 Oct · 19:05 IST

Submission of Voting Results with Consolidated Scrutinizer''s report of the 41st AGM of the Company

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

Sobhagya Mercantile Limited held its 41st Annual General Meeting on 29th September 2025 via video conferencing from 11:00 AM to 11:48 AM, with 27 members attending (5 from promoter group and 22 from public). All 5 resolutions were passed with requisite majority. Resolution 1 (adoption of audited financial statements for FY ended 31st March 2025) passed with 7,109,938 votes (100%) in favor. Resolution 2 (re-appointment of Mrs. Sonal Kirtikumar Bhangdiya, retiring by rotation) passed with 810,019 valid votes (promoters excluded due to interest). Resolution 3 (re-appointment of M/s Joshi & Shah as Statutory Auditors) passed with 100% in favor. Resolution 4, a special resolution for re-appointment of Mr. Shrikant Mitesh Bhangdiya as Managing Director, passed with 810,019 votes (promoters excluded). Resolution 5 (appointment of PDTS and Associates as Secretarial Auditors) passed unanimously. Scrutinizer Mr. Parag Dasarwar confirmed the voting process was fair and transparent.

Likely market impact

All AGM resolutions passed unanimously, confirming continuity in board composition and auditor appointments. No negative votes were recorded on any resolution, indicating strong shareholder alignment with management proposals.