Announced Wed, 23 Sept, 2026 · 19:58 IST

AGM results: all 4 resolutions passed unanimously

Board & Shareholder Meetings View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹36.25

prior close

₹35.46

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.5%+4.9% vs market

Heavy Electrical Equipment peers, median of 34sector-1.7%+5.2% vs sector

On the reaction day the stock moved 4.9 pts more than Nifty Microcap 250 and 5.2 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.1

15m

+0.1

30m

+4.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4-1.5+4.9-1.7+5.2

Next day

+0.7-1.2+1.9-1.1+1.8

-2.5-2.8+0.3-2.7+0.2

-7.0-1.8-5.2-3.5-3.5

-5.0-2.0-3.0-3.6-1.4

-2.1-3.3+1.2-3.2+1.2

-8.3-2.0-6.3-2.4-5.9

15d

-6.2-3.9-2.3-4.3-1.9

-14.2-10.7-3.5-10.0-4.2

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UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

39th AGM held September 21, 2026 via video conferencing. All 4 resolutions passed with 100 percent approval, covering FY26 financial statements, re-appointment of Mr. Akshay Veliyil as Director, re-appointment of Mr. Jagmeet Singh Sabharwal as CMD for 3 years, and material related party transactions. Of 6.89 crore total shares, 5.13 crore (74.42 percent) voted on first 3 items, all in favor. Promoters abstained on RPT; public shareholders voted 5.14 percent, all in favor.

Likely market impact

Routine procedural filing. All resolutions passed unanimously, signaling smooth governance. CMD re-appointed for 3 years.