Summary of the proceeding of 31st AGM of company held on 28th August, 2025.
Awaiting price reaction for this filing.
Sunshine Capital Limited held its 31st Annual General Meeting on August 28, 2025 via video conferencing, running from 1:00 PM to 1:30 PM IST. A total of 39 shareholders attended the meeting remotely, and no member registered to speak or asked questions during the Q&A session. Five resolutions were moved: adoption of the audited financial statements for the year ended March 31, 2025, retirement of a director by rotation, appointment of M/S VRSK & Associates (Firm Registration 011199N) as the new statutory auditor, regularisation of Sanjay Tulsidas Bhanushali (DIN: 11197674) as Non-Executive & Independent Director, and appointment of a secretarial auditor for FY 2025-26. The Chairman also briefed members on the company's financial performance and future plans. E-voting results were to be declared within two working days of the meeting.
This is a routine procedural filing with no major strategic surprise, but shareholders should note the change of statutory auditor to VRSK & Associates and the induction of a new independent director. The very short 30-minute meeting with zero shareholder questions may signal limited retail engagement, though it is not unusual for small-cap NBFCs.