Disclosure of voting result of the 40th Anuual General Meeting of Swagtam Trading & Services Limited held on 08th September, 2025 along with the Scrutinizers report
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Swagtam Trading & Services Ltd held its 40th AGM on September 8, 2025 via video conferencing and disclosed the voting results on September 9, 2025. A total of 51 members holding 6,61,362 equity shares (55.55% of paid-up capital) participated in the voting. All five resolutions were passed with overwhelming support of 99.99% in favour. Ordinary resolutions included adoption of FY25 audited financial statements, re-appointment of Mr. Sumit Gupta (DIN: 06911742) as a director retiring by rotation, and re-appointment of M/s G.K. Kedia & Co. as statutory auditors. Two special resolutions were also approved: changing the company's name and amending the MOA, and granting authority to make loans, give guarantees, or investments exceeding prescribed limits under Section 186 of the Companies Act, 2013.
All resolutions passed with near-unanimous support, indicating strong shareholder alignment with management. The approved name change and expanded borrowing/investment authority under Section 186 give the company more flexibility for future growth or restructuring, which shareholders should monitor closely for follow-up announcements.