Sonal Mercantile 41st AGM: All 3 resolutions passed with over 99.99% approval

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AI summary

Sonal Mercantile Ltd held its 41st AGM on September 30, 2026 via video conference. All 3 resolutions passed with over 99.99% votes in favour and 358 votes against each. Item 1: adoption of audited financial statements for FY ended March 2026, 1.23 crore votes for. Item 2: reappointment of Mr. Kajan Goyal as Director, 86.26 lakh votes for. Item 3: approval of material related party transaction, 49.80 lakh votes for. No invalid votes recorded.

Likely market impact

Routine filing confirming strong shareholder backing for all AGM resolutions. No immediate stock impact expected.