Submission of Voting Results and Scrutinizers Report for the 45th Annual General Meeting of the Company held on Tuesday, September 30, 2025
Awaiting price reaction for this filing.
Onix Solar Energy Ltd held its 45th Annual General Meeting on September 30, 2025, via video conferencing, and all four resolutions were passed with the required majority. The resolutions included adoption of audited financial statements for FY ended March 31, 2025, re-appointment of a director retiring by rotation (Mr. Nikhil Hareshbhai Savaliya), appointment of the statutory auditor, and appointment of a secretarial auditor for a five-year term. Only 69,753 shares (roughly 3.52% of outstanding shares) were polled, with 100% of votes cast in favour and zero dissent on every resolution. The scrutinizer was M/s Vijay Anadkat & Associates, and the filing was submitted to BSE on October 3, 2025.
All resolutions passed unanimously, so there is no negative surprise for shareholders from the AGM. However, the very low voting turnout (about 3.5% of shares) suggests limited shareholder engagement, which may be worth noting for retail investors tracking corporate governance.