Please find attached Scrutinizer Report along with Voting Results.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Vaishno Cement Company Ltd held its 38th Annual General Meeting on 30th September 2025 via video conferencing, and all 9 resolutions were passed with the requisite majority. Out of 12,435 shareholders on the record date (23 September 2025), only 57 members participated in voting, polling 2,796 shares (about 22.5% of outstanding shares). Every resolution received 2,495 votes in favour (89.23%) and 301 votes against (10.77%). Key resolutions included adoption of FY25 audited financials, re-appointment of director Jatin Nanji Chheda, shifting the registered office from West Bengal to Maharashtra, appointment of a secretarial auditor, and approvals for higher borrowing limits, charges on assets, loans/investments, and a potential equity issue via preferential allotment, rights issue, or follow-on offering. Voting was conducted through NSDL's remote e-voting and AGM e-voting platform, scrutinised by Nishant Bajaj & Associates.
Shareholders have approved a shift of the registered office to Maharashtra, expanded borrowing and lending powers, and authorised a potential equity dilution through a preferential, rights, or follow-on issue. Low voting participation and zero promoter votes suggest weak engagement, while the equity issuance resolution gives the board flexibility to raise fresh capital, which could dilute existing shareholders if exercised.