Subam Papers 22nd AGM: All 3 resolutions passed with 100% approval
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Subam Papers held its 22nd AGM on Sept 25, 2026. All 3 ordinary resolutions passed with 100% approval and zero votes against. Resolutions covered adoption of FY26 audited financial statements and re-appointment of two directors, Ms. Sudha Alagarsamy and Mr. Ramasubbu Venkatesh, both retiring by rotation. About 1.626 crore shares were voted, around 59% of outstanding shares. Promoters voted entirely in favor.
Routine AGM with no contentious items; all resolutions passed cleanly. Minimal impact on share price expected.