AGM rejects Amit Shah reappointment with 88.82 percent opposition
TARMAT · price
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Tarmat Limited's 41st AGM, held by video conference on 30 September 2026, approved the financial statements for the year ended 31 March 2026, a five-year auditor reappointment and other proposals with 100 percent support. The special resolution to reappoint Amit Shah as executive director for three years failed: 1,640,879 votes, or 11.18 percent, supported it, while 13,041,651 votes, or 88.82 percent, opposed it. He retired at the close of 30 September 2026.
Amit Shah's departure may affect executive leadership and governance continuity, but all other AGM resolutions passed, limiting the immediate impact.