Proceeding and Voting Results of the 34th Annual General Meeting of the company
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Stellant Securities (India) Ltd held its 34th Annual General Meeting on 29th August 2025 at 9:00 AM at its registered office in Nariman Point, Mumbai, with 19 members present in person. All 8 resolutions were passed with an overwhelming majority — over 99.99% of votes cast were in favour and just 0.01% against. Key items approved included the adoption of FY25 audited financial statements, the re-appointment of Mrs. Mangala Rathod as Whole-time Director, the appointment of Mr. Jaydeep Pandya as Independent Director, and notably, the issue of bonus shares to shareholders. Other resolutions covered the amendment to the Objects Clause of the Memorandum of Association, adoption of a new set of Articles of Association, and appointment of M/s. Ashish O. Lalpuria & Co. as Secretarial Auditor for a five-year term. The company has 1,184 shareholders on record, and the voting was conducted through remote e-voting (26–28 August) and physical ballots at the meeting.
The approval of the bonus share issue is a positive signal for shareholders, reflecting management's confidence and rewarding existing holders. However, the stock has very limited public participation — only about 0.23% of public non-institutional shares voted — suggesting low trading liquidity and minimal retail interest, so the price impact may be muted.