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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Suncare Traders Ltd held its 28th AGM on September 26, 2025, at its registered office in Ahmedabad. Out of 123,625 shareholders on record, only 86 public shareholders attended in person; no promoter group members were present. Five resolutions were voted on, all of which passed with 99.99% approval each, on a relatively low turnout of 21.65% (about 55.21 lakh shares out of 25.5 crore total shares). The resolutions covered: (1) adoption of FY2025 audited financial statements, (2) re-appointment of Mr. Harshad Rathod as director (retiring by rotation), (3) appointment of M/s Goenka Mehta and Associates as statutory auditors, (4) enhancement of borrowing limits under Section 180(1)(c), and (5) enhancement of investment/loan/guarantee limits under Section 186. The promoter group's shareholding and voting were recorded as zero, which is notable.
All routine and expansion-related resolutions sailed through, giving the company greater flexibility to borrow and invest beyond existing statutory caps. However, the extremely low voter turnout and absence of promoter group participation may raise governance and shareholder-engagement concerns among retail investors.