BSEHarig Crankshafts LtdLowNeutral
Announced Wed, 8 Oct · 15:32 IST

The voting results along with the consolidated scrutinizer''s report in respect of 2nd Annual General Meeting (Post CIRP) of the Company.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Harig Crankshafts Limited has filed the voting results of its 2nd Annual General Meeting (Post CIRP) held on 29 September 2025 and adjourned to 6 October 2025, conducted via video conferencing. Three ordinary resolutions were put to vote: (1) adoption of audited financial statements for FY ended 31 March 2025, (2) re-appointment of Mrs. Pragya Agarwal (DIN: 00093526) as director, who retires by rotation, and (3) appointment of M/s R&D Company Secretaries as Secretarial Auditors. All three resolutions were passed with overwhelming majority — over 99.99% of votes cast in favour on each. Out of 10,500,000 total shares, 9,975,514 (~95%) were voted, with promoters (holding 95% stake) voting 100% in favour on all resolutions. Public participation was very thin, with only 514–508 shares voted by non-institutional public shareholders (around 0.1% of public shareholding). No invalid votes were recorded.

Likely market impact

The outcome is a routine procedural clearance with no material change for shareholders — resolutions were routine (financial adoption, director re-appointment, auditor appointment) and passed with near-unanimous support, mainly driven by the 95% promoter block. Low public turnout is notable but not unusual for a company that recently emerged from CIRP (insolvency process).