Submission of Scrutiniser Report for the 17th AGM
Awaiting price reaction for this filing.
Shree Ram Proteins Limited submitted the Scrutiniser's Report for its 17th AGM held on March 5, 2026 via video conferencing. All 9 resolutions were passed with overwhelming support, with 1,64,36,640 votes (7.67% of total outstanding shares of 21,42,00,000) polled in favour. 41 shareholders attended the meeting (4 from the promoter group and 37 from the public). Key resolutions included the adoption of FY25 audited financial statements, increase in authorised share capital, regularization of two new independent directors (Ms. Naaz Jaiswal and Mr. Jayvir Kuvadiya), appointment of the secretarial auditor for 5 years, and granting the board borrowing authority under Section 180(1)(a) and 180(1)(c) of the Companies Act, 2013. Only Resolution 4 (appointment of Ms. Naaz Jaiswal) saw any dissent, with 15,000 votes (0.20%) against it.
Smooth passage of all resolutions signals no shareholder dissent on the company's strategic direction, including capital expansion and additional borrowing powers. However, very low voting turnout (7.67%) is typical of small-cap companies and reflects limited retail engagement; shareholders should monitor how the newly approved capital and borrowing authority are utilised going forward.