The 75th AGM of the company was held on 24th September, 2025 and we are attaching herewith the voting result on the resolutions passed in the meeting.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Trade Wings Ltd (Scrip Code: 509953) held its 75th AGM on September 24, 2025, at 10:30 a.m. at its registered office in Panaji, Goa, where all 7 resolutions were passed. Key items included adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, re-appointment of Mr. Hemant R. Panchal (retiring by rotation), appointment of M/s A N Shah & Associates as statutory auditor for 5 years, and re-appointment of Dr. Shailendra P. Mittal (age 72) as Chairman and Managing Director for a 5-year term from May 30, 2025 to May 29, 2030. The promoter group (holding 22,39,420 shares) voted 100% in favour of every resolution. Six of the seven resolutions passed with 99.80% support overall, while the Managing Director re-appointment got 100% support including from public shareholders. Worth noting: in 6 of 7 resolutions, 99.63% of public non-institution e-votes were cast against, though these votes were too small (4,391 shares) to affect the outcome. Total shareholder base is 731, with only 5 attending in person.
All resolutions sailed through easily due to the promoter's controlling stake, so there is no governance shock for shareholders. The near-total dissent from public non-institutional e-voters on most items is a minor red flag about minority sentiment but is unlikely to move the stock or change outcomes.