Voting Results as per Regulation 44 of SEBI(LODR) Regulation, 2015 Of the 33 rd AGM of the Company
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Sylph Technologies Limited held its 33rd AGM on 29 September 2025 via video conferencing, and all 14 resolutions were passed with about 97.3% votes in favour and 2.7% against. Key items approved include adoption of FY25 audited financials, re-appointment of statutory auditor FHMSV & Co for 5 years, regularization of four directors (Nilesh Jain, Hasmukh Shah, Priyanka Gola, and Divya Khandelwal), and appointment of Sandeep Shah as Managing Director for 5 years. Shareholders also approved the change of company name to 'Sylph Industries Limited', increase in FPI/FII limit to 49%, raising the Section 186 loans/investments ceiling to Rs 250 Crores, and material related party transactions with subsidiaries Maxrotth Foods and Semitrone Conchem. Only 11.06% of the 84.78 crore outstanding shares were polled, and notably no promoter/promoter group shares appear in the voting summary. The scrutinizer was Vishakha Agrawal & Associates, Practicing Company Secretaries.
The name change to 'Sylph Industries Limited' suggests a strategic shift away from the earlier 'Technologies' identity, while the new Rs 250 Crore borrowing/investment limit and Managing Director appointment point to upcoming business expansion. The 49% FPI ceiling increase may attract greater foreign investor interest, though the unusually low voting turnout (around 11%) and absence of promoter shareholding in the voting record warrant investor attention.