Voting Results and Scrutinizers Report of 41st Annual General Meeting.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Source Industries (India) Ltd held its 41st AGM on September 27, 2025, via video conference. A total of 52 members attended out of 28,850 shareholders on record. All 14 resolutions were passed with the required majority, with over 99.99% of votes cast in favour. Key resolutions included adoption of FY24-25 audited financials, appointment of M/s PRSV & Co. LLP as Statutory Auditors, re-appointment of Sudhir Reddy Posireddy as Chairman & Managing Director, appointment of Mohan Krishna Naraharisetty and Swathi Ram Reddy as Whole-Time Directors, two new Independent Directors, increase in borrowing powers, creation of charges on company assets, appointment of P.S. Rao & Associates as Secretarial Auditors for 5 years, and alteration of the Objects Clause. The promoter group holds 72,07,793 shares (approximately 63% of the 1,14,03,110 total shares).
This is a routine procedural filing confirming successful completion of the AGM with near-unanimous shareholder approval on all items. No material negative signals; the increase in borrowing powers and alteration of objects clause could indicate future expansion or diversification plans worth monitoring.