Sun Retail 19th AGM: all 5 resolutions passed; 46.98 crore warrants cleared
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19th AGM held on 30 Sept 2026 via video conference. All 5 resolutions passed with 100% votes in favour (4,676,640 shares voted, only 3.01% of outstanding). Resolutions covered adoption of FY26 financials, issue of up to 46.98 crore fully convertible equity warrants on preferential basis, regularization of two directors, and reappointment of MD Sanjay Patil with remuneration. Only 26 public non-institution shareholders voted; no promoter or institutional votes cast.
Large potential dilution ahead from 46.98 crore warrants on preferential basis. Low 3% voting turnout may draw governance attention.