Scrutinizer Report and Voting Results for the 21st AGM
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sprayking Limited held its 21st AGM on September 18, 2025 via video conferencing, where all 6 resolutions were passed with overwhelming majority. Out of 44,748 shareholders on record date, only 34 attended through video conferencing (3 promoters, 31 public). The resolutions included adoption of audited financial statements (standalone and consolidated) for FY25, re-appointment of Mrs. Ronak Hitesh Dudhagara as director, appointment of M/s. M Rupareliya & Associates as Secretarial Auditors for 5 years, and increase in authorised share capital. Two notable resolutions were passed: a Special Resolution authorising loans/investments beyond Section 186 limits, and approval of material related party transactions with Narmada Brass Industries. Promoters (76,958,920 shares, ~36.4% holding) voted fully in favour on all items except the RPT where they abstained due to conflict of interest. Public participation was low, with only about 9% of public shares voting. No invalid votes were recorded.
This is a routine AGM compliance filing with all routine and special resolutions clearing easily. The increase in authorised share capital and the approved related party transaction with Narmada Brass Industries are items to watch, as they enable future fund-raising flexibility and ongoing related-party dealings. Low public voting turnout is typical for small-cap companies and unlikely to move the stock.