Vakrangee Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 25, 2025
VAKRANGEE · price
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Vakrangee Limited held its 35th AGM on September 25, 2025 via video conferencing from 11:00 AM to 11:30 AM IST, chaired by Ms. Divya Nandwana, with 9 resolutions passed through e-voting. Shareholders approved the audited financial statements (standalone and consolidated) for the financial year ended March 31, 2025, along with the re-appointment of Ms. Divya Nandwana (retiring by rotation) and Mr. H C Mittal as Independent Director for a second term. A key special resolution was passed for consolidation of share capital, alongside an alteration to the Memorandum of Association. Two material related party transactions — with VL E-Governance & IT Solutions and Vortex Engineering — were also approved. Mr. Sandeep Gaware was appointed as a new Independent Director, and Mrs. Kalpana Srinivasan was named Secretarial Auditor for FY 2026 to 2030.
The share capital consolidation is a significant corporate action that could change the share price level and impact retail investor holdings — investors should watch for further details on the consolidation ratio. Approval of FY25 financials and continuity in leadership signal stable governance, while the related party transactions warrant monitoring for any future impact on minority shareholders.