Voting results for 30.09.2023
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Awaiting price reaction for this filing.
Unipro Technologies filed AGM voting results for the FY ended 31.03.2023, held on 30.09.2023. Out of 682 shareholders on record date, only 15 attended the meeting in person (1 promoter group, 14 public) and none joined via video conferencing. Two ordinary resolutions were put to vote: (1) adoption of the audited financial statements for FY2022-23, and (2) re-appointment of Managing Director D. V. Ramana Reddy, who retires by rotation. Both resolutions were passed with 100% approval — all 13,78,344 votes polled (76.09% of total outstanding shares of 60,84,900) were cast in favour, with zero votes against.
Both resolutions sailed through unanimously with no dissent, indicating smooth governance and strong promoter-public alignment. The late filing (October 2024 for a September 2023 AGM) and very low public shareholder participation (only 3.09% of public shares were polled) suggest weak retail engagement, which is a minor governance concern for minority shareholders.