Submission of Voting results and Scrutinizer Report for the AGM held on Wednesday, July 16,2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Suditi Industries Ltd held its 34th AGM on July 16, 2025 (4:00 PM to 4:14 PM) via video conferencing. All 5 resolutions were passed with overwhelming shareholder approval of 99.9997%, with only 50 votes cast against each resolution. Out of 6,494 total shareholders, 48 participated through e-voting, representing 1,99,34,467 votes polled (50.32% of outstanding shares of 3,96,16,291). Key resolutions included adoption of FY25 audited financial statements, re-appointment of Mr. Pawan Agarwal as Director, appointment of Mr. Manish Harishchandra Singh as Independent Director for 5 years, appointment of Secretarial Auditor, and a special resolution to issue 15,74,182 equity shares on a preferential basis to non-promoter persons.
Routine AGM outcome with all resolutions passed comfortably. The preferential allotment of 15,74,182 shares (~4% of existing share capital) to non-promoters will dilute existing shareholders marginally and bring in fresh capital or strategic investors. Low public shareholder participation (only 0.43% of public non-institutional shares were polled) is notable but not unusual for a BSE-listed small-cap.