Announced Tue, 29 Sept, 2026 · 18:29 IST

17th AGM results: all 5 resolutions passed, Re 0.50 dividend approved

Board & Shareholder Meetings View source PDFExplain this filing

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Civil Construction peers, median of 102sector+0.0%-7.4% vs sector

On the reaction day the stock moved 7.1 pts less than Nifty Microcap 250 and 7.4 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Suyog Gurbaxani Funicular Ropeways held its 17th AGM on September 29, 2026 via video conferencing. All 5 resolutions were passed with 100 percent votes in favour, with 15,519,071 valid votes cast (around 62 percent of outstanding shares). Items approved: adoption of FY26 audited financial statements, re-appointment of directors Mr. Suyash Lature and Mr. Aditya Gurbaxani, a dividend of Re 0.50 per equity share for FY26, and appointment of Mr. B. Padmanabhan as Independent Director.

Likely market impact

Routine AGM passed cleanly. Shareholders get Re 0.50 per share dividend for FY26; no dissent on any agenda item.