Voting Results of 33rd AGM
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Swarnsarita Jewels India Ltd held its 33rd AGM on September 27, 2025, and all four resolutions were approved by shareholders. The resolutions included adoption of audited financial statements for FY 2024-25 (97.05% in favour, 2.95% against), appointment of Mr. Sunny Mahendra Chordia as Director liable to retire by rotation (95.48% in favour), appointment of Secretarial Auditors (97.05% in favour), and re-appointment of Mr. Mahendra Madanial Chordia as Managing Director for a further 5 years effective April 1, 2026 (95.48% in favour). Voting was conducted via remote e-voting, e-voting during AGM, and physical poll, with M/s. Deep Shukla & Associates acting as Scrutinizer. Notably, promoter group shares were excluded from voting on resolutions 2 and 4 as they were deemed interested parties, resulting in 45,79,773 invalid votes from the promoter group on those items.
All resolutions were approved with strong shareholder support (over 95% in favour on each), including the re-appointment of the Managing Director for another 5-year term. This is a routine governance disclosure with no material impact on stock price; the re-appointment of the existing MD signals continuity in leadership. Low voter turnout (~63% of total shares polled) is notable but typical for small-cap companies.