SUPREMEENGNSESupreme Engineering LimitedLowNeutral
Announced Tue, 22 Jul · 11:35 IST

Supreme Engineering Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on July 21, 2025. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

Supreme Engineering Limited held an Extraordinary General Meeting on July 21, 2025, where shareholders approved the appointment of M/s. Rushabh Davda and Associates as the new Statutory Auditors of the company. The resolution passed overwhelmingly with 99.99% of votes in favor (97,719,074 shares) and only 0.01% against (5,007 shares). Out of 53,019 total shareholders on the record date, only 29 members actually voted, representing just 25.36% of outstanding shares. Promoters voted strongly in favor, polling 94.16% of their holdings, while public non-institutional participation was very thin at 0.21% of their shares. The EGM lasted just 30 minutes (9:30 AM to 10:00 AM).

Likely market impact

The appointment of a new statutory auditor is a routine corporate governance action and was passed with near-unanimous support, suggesting no major shareholder opposition. Investors should note the change in auditor name for tracking future financial statements.