ENCLOSED HEREWITH VOTING RESULTS AND SCRUTINIZER REPORT FOR THE AGM HELD ON 25/09/2025.
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Sonal Adhesives held its 34th Annual General Meeting on 25 September 2025 via video conferencing, with 25 shareholders (5 promoters/promoter group and 20 public) attending. A total of 4,889 shareholders were on the record date, and 63.40% of outstanding equity (3,842,593 out of 6,061,000 shares) was polled through remote e-voting and e-voting during the AGM. All seven ordinary resolutions passed with near-unanimous support (100% assent on valid votes), with only 2 votes against across all items. The resolutions covered adopting the FY25 audited financials, re-appointing Mrs. Mridu Sandeep Arora as a director (retiring by rotation), appointing M/s. Haziyani and Associates as statutory auditors, appointing Mr. Vipul Desai as Director and Independent Director, and ratifying cost auditors' remuneration for FY25 and FY26. The scrutinizer (Prashant Diwan, Practicing Company Secretary) confirmed the e-voting process was fair, with CDSL providing the e-voting platform.
No material impact on shareholders — all routine AGM resolutions passed with overwhelming approval, reflecting strong promoter support (promoters hold ~62.7% and voted 100% in favour) and broad consensus. Minority public participation was very low (only ~1.84% of public non-institutional shares were polled), which is normal for a small-cap company. Stock price is unlikely to react to this routine procedural disclosure.