AGM 2026: All 5 Resolutions Passed, RPTs See Notable Opposition
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United Leasing & Industries held its 42nd AGM on September 30, 2026. All 5 resolutions were approved. Adoption of FY26 financials, re-appointment of Director Aditya Khanna, and regularization of Karm Sawhney as Independent Director for 5 years got 99.18% support. However, related party transactions with SIPL Textile and RLF Limited for FY26-27 passed narrowly at 56.72% in favor versus 43.28% against, as promoters abstained from voting on these items.
Routine AGM results, but related party deals with SIPL Textile and RLF Limited saw about 43% dissent from public shareholders, signalling governance concerns.