Updater Services Limited has submitted the Exchange a copy Srutinizers report of 22nd Annual General Meeting held on Friday, August 08, 2025.
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Updater Services Limited held its 22nd Annual General Meeting on August 8, 2025, via video conference, where all five resolutions were passed with overwhelming shareholder support. Out of 51,937 shareholders on record date (August 1, 2025), 74.34% of total share capital (49,771,355 votes) participated in the voting. The resolutions included adoption of audited financial statements for FY25 (99.999% in favour), re-appointment of Managing Director Raghunandana Tangirala (99.97%), appointment of A.K Jain & Associates as Secretarial Auditors for five years, approval of remuneration for Executive Director Jigyasa Sharma, and a special resolution to pay up to 1% of standalone net profits as commission to non-executive directors for FY26. All resolutions received near-unanimous approval with negligible dissent (under 0.04% against any single resolution).
This is a routine regulatory filing confirming standard AGM outcomes; no material business change is expected. The near-unanimous approval signals strong shareholder confidence in management, with negligible dissent across all resolutions, including the director remuneration and commission items.