submission of 32nd AGM held today 29/08/2025 Voting results with Scrutinizer reports
Awaiting price reaction for this filing.
Centerac Technologies held its 32nd Annual General Meeting on 29th August 2025 via video conferencing. Of 3,461 total shareholders, 21 attended through VC representing 8,015,796 shares (72.64% of capital), including 6 promoter-group shareholders holding 6,222,631 shares (56.39%). Four resolutions were put to vote via remote e-voting, with 6,616,356 valid votes cast (about 60% of total 11,034,700 outstanding shares). Resolution 1 (adoption of FY25 annual accounts) passed with 99.9974% in favor. Resolution 2 (reappointment of Mr. Ramesh Sundaram as director) passed with 99.48% in favor. Resolution 3 (appointment of Mrs. Nejal Monish Gangar as Independent Director, a Special Resolution) passed with 99.48% in favor. Resolution 4 (appointment of Ms. Riddhi Shah as Secretarial Auditor) passed with 99.48% in favor. All resolutions were carried with the requisite majority.
All routine AGM items including director reappointment and the appointment of a new Independent Director were approved by overwhelming shareholder majority, indicating no governance disputes. The 60% voting turnout shows reasonable shareholder engagement, though promoter dominance (56.39%) leaves limited influence for retail holders.