Submission of Voting Result and scrutinizer report of AGM for the financial year ended 31st march 2025.
Awaiting price reaction for this filing.
Starlit Power Systems Ltd held its 16th Annual General Meeting on 29th August 2025 via video conferencing, from 3:30 PM to 4:22 PM. All 9 resolutions were passed with overwhelming shareholder support — about 99.99% in favour and just 133 votes against (0.0013%) on each resolution. Out of 5,867 total shareholders on the record date (22nd August 2025), 30 public shareholders attended via video conferencing while no promoter group members attended or voted. Total votes polled stood at 1,04,22,11 (49.15% of 2,04,31,666 outstanding shares). Key resolutions included adoption of FY25 financial statements, appointment of M/S VRSK & Associates as statutory auditor, appointment of Mukesh Sah as Executive & Managing Director, and regularisation of four additional directors including one independent woman director. Scrutinizer Parul Agrawal (CS) certified all results.
This is a routine regulatory filing confirming smooth conduct of the AGM with all resolutions passing by a wide margin, which is neutral to positive for shareholder confidence. Notably, zero promoter participation in voting is unusual and worth flagging — shareholders may want to track future promoter engagement. The appointment of new directors and statutory auditor is administrative and unlikely to move the stock.