Please find enclosed herewith Voting Results in respect of 52nd AGM of the Company.
VTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vardhman Textiles held its 52nd AGM on 24 September 2025 (11:15 AM to 11:37 AM), and all 8 resolutions were passed with shareholders voting overwhelmingly in favour. Key items approved included adoption of audited standalone and consolidated financial statements for FY25, declaration of a dividend, re-appointment of directors (Mrs. Suchita Jain and Mr. Neeraj Jain), appointment of Ms. Sagrika Jain as Executive Director, ratification of cost auditors' remuneration, and appointment of Ashok K Singla & Associates as secretarial auditors for five years. Out of 86,103 shareholders on record date (17 Sept 2025), approximately 83-84% of outstanding shares were polled across resolutions, with promoter group holding ~18.57 crore shares (~64%) voting 100% in favour on all items. Voting was conducted entirely through e-voting, and the scrutinizer Ashok Singla issued his report on the same day as the AGM.
Routine procedural filing with no negative impact expected for shareholders — all standard AGM items cleared. Worth noting for investors: public institutions voted against the appointment of Ms. Sagrika Jain as Executive Director (41.6% dissent, ~2.53 crore shares against) and against re-appointment of Mr. Neeraj Jain (10.7% dissent from institutions), signaling some institutional discomfort with board appointments, though both still passed comfortably due to promoter support.