Voting Results for the AGM held on 29.09.2025 along with Scrutinizer''s report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Southern Magnesium & Chemicals Ltd held its 39th Annual General Meeting on 29.09.2025 at 11:55 AM via video conferencing. Out of 6,488 shareholders on record date (22.09.2025), only 30 attended (5 promoters and 25 public). The company has 30 lakh total shares, of which 10,15,605 shares (33.85%) were voted. All four resolutions were passed with overwhelming majority — 99.9989% in favour (10,15,594 votes) and only 11 votes against. The resolutions included adoption of audited financial statements, re-appointment of a retiring director (Mrs. Urmi Nuthakki Prasad), and re-appointment of Mr. Nuthakki Ravi Prasad as MD & CEO and Mr. Nuthakki Rajender Prasad as Joint MD & CFO.
All resolutions passed smoothly with near-unanimous support, confirming strong shareholder confidence and management continuity. The very low voting turnout (only 30 of 6,488 shareholders attended) means the results primarily reflect promoter and institutional views; retail participation was minimal.