Submission of Scrutinizer''s Report and Voting Results for AGM held on Tuesday, September 30, 2025 at 05:00 PM.
Awaiting price reaction for this filing.
Satiate Agri Limited held its 38th Annual General Meeting on September 30, 2025 via video conferencing, lasting from 5:00 PM to 5:13 PM. All 10 resolutions, including 4 ordinary and 6 special resolutions, were passed unanimously with 100% votes in favour and zero votes against. Out of 2,927,200 outstanding shares, 1,637,500 shares (55.94%) were polled — promoters cast 850,000 of their 896,300 shares (94.83%), while public shareholders polled 787,500 of their 2,030,900 shares (38.78%). Key items approved include adoption of FY25 audited financial statements, reappointment of Samyak Jain, appointment of statutory and secretarial auditors, raising borrowing limits, creating security on assets up to Rs. 100 crore, and appointment of three new independent directors (Swapnil Rathi, Garima Mahajan, and Mohd Tarique).
Routine compliance filing with no surprises — all resolutions sailed through with full support, reflecting strong promoter backing (over 94% polling) and no public dissent. Shareholders should note the board has been granted expanded authority to borrow and pledge assets up to Rs. 100 crore, which could lead to higher leverage, while three new independent directors strengthen board oversight.