Submission of voting results and Scrutinizer Report of 40th AGM For the financial year ended on 31st march 2025.
Awaiting price reaction for this filing.
Alstone Textiles held its 40th AGM on August 29, 2025, via video conferencing from 1:15 PM to 1:45 PM. Out of 527,350 shareholders on record date, only 30 public shareholders attended the meeting through video conferencing, with zero promoter group attendance. A total of 6 resolutions were passed, with roughly 79.83% of outstanding shares (about 5.01 billion out of 6.27 billion) participating in the e-voting. The resolutions included adoption of FY25 financial statements, re-appointment of Managing Director Deepak Kumar Bhojak, appointment of VRSK & Associates as Statutory Auditor, appointment of Parul Agrawal & Associates as Secretarial Auditor, and regularisation of two additional directors (Asutosh Arun Sahu and Sanjay Tulsidas Bhanushali) as Non-Executive & Independent Directors. All resolutions passed with near-unanimous support, with only negligible votes against (between 202 and 11,517 shares out of over 5 billion polled).
This is a routine procedural filing confirming that all standard AGM business was approved by shareholders. No material corporate action, capital change, or strategic shift is involved. Shareholders should note the appointment of two new independent directors and the change/appointment of auditors, but these are governance matters with no immediate impact on stock price.