STOVEKRAFTNSEStove Kraft LimitedMediumNeutral
Announced Fri, 26 Sept · 17:56 IST

Stove Kraft Limited has submitted the Exchange a copy Scrutinizers report of Annual General Meeting held on September 26, 2025 and voting results

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Stove Kraft Limited held its 26th Annual General Meeting on September 26, 2025, via video conference (11:00 AM to 11:53 AM). All 5 ordinary resolutions were passed with overwhelming majority, each securing over 99.99% votes in favor. The resolutions covered: (1) adoption of FY25 audited financial statements, (2) declaration of a Rs. 3 per share dividend (30%) for FY ended March 2025, (3) reappointment of Mrs. Sunitha Rajendra Gandhi as Non-Executive Director (retiring by rotation), (4) ratification of remuneration to M/s. G S & Associates as Cost Auditors for FY26, and (5) appointment of BMP & Co. LLP as Secretarial Auditors for a 5-year term (FY26–FY30). A total of 21,138,143 votes were polled out of 33,101,500 outstanding shares (63.86% participation), with promoters (18.47 lakh shares) and institutional investors voting 100% in favor and public non-institutions showing 99.54% support.

Likely market impact

This is a routine procedural filing confirming shareholder approval of standard AGM business. The 30% dividend declaration (Rs. 3/share) is mildly positive for shareholders, while the near-unanimous approval across all resolutions signals strong management-investor alignment with no material dissent.