Please find the attacehd Proceeding of the AGM.
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The 38th AGM of Vaishno Cement Company Ltd (BSE: 526941) was held on 30th September 2025 via video conferencing and lasted only 12 minutes (4:00 PM to 4:12 PM). 37 members attended, chaired by Independent Director Mr. Jagannath Jadhav, with Whole-time Director Jatin Nanji Chheda also present. Nine resolutions were passed, including adoption of FY25 audited standalone and consolidated financial statements, re-appointment of Mr. Chheda (retiring by rotation), and a proposal to shift the registered office from West Bengal to Maharashtra. Special resolutions approved creation of charges on company assets, increased borrowing limits under Section 180(1)(c), powers for loans/investments/guarantees under Sections 185 and 186, and authority to issue equity shares via preferential allotment, rights issue, or follow-on offering. E-voting was conducted through NSDL from 26-29 September 2025, and results will be filed with BSE within 2 working days.
The most shareholder-relevant items are the proposed shift of registered office to Maharashtra and the authorization to issue new equity shares, which could lead to dilution. The very short 12-minute meeting and the sweep of enabling resolutions (borrowing, charges, investments) suggest management is seeking wide operational and capital-raising flexibility going forward.