Sri Havisha Hospitality and Infrastructure Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 20, 2025
HAVISHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sri Havisha Hospitality and Infrastructure Limited submitted the voting results and scrutinizer's report for its 32nd AGM held on September 20, 2025, via video conferencing. All 6 resolutions were passed with overwhelming majority (over 99.5% in favour). Key resolutions included adoption of FY25 audited financial statements, re-appointment of Mr. Dharmin Dontamsetti as director, re-appointment of Mr. Abhaya Shankar as Independent Director for 5 years, issue of sweat equity shares to CMD Mr. Venkat Manohar Dontamsetti, approval of material related party transactions, and appointment of Krishna Kumar & Associates as secretarial auditor. Total of 7.32 crore shares (47.72% of outstanding) were polled, with only 78 shareholders attending the meeting virtually. Promoters did not vote on resolutions 4 and 5 (sweat equity and related party transactions) due to conflict of interest.
The sweat equity issuance to the CMD could lead to equity dilution for existing public shareholders, and the approved material related party transactions warrant close monitoring for governance concerns. Otherwise, routine approvals with strong shareholder support suggest stable management continuity.