Voting results and Consolidated report of Scrutinizer for the 55th Annual General Meeting of the Company under Regulation 44 of the SEBI (Listing obligations and Disclosure Requirements), ....
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Ventura Textiles Limited held its 55th AGM on September 30, 2025, in Mumbai, where all 7 resolutions were passed with overwhelming support. Valid votes cast totalled 1,50,32,876 shares (about 77.28% of the company's total share base of 1,94,53,289 shares). Promoters (holding 1,04,28,773 shares) voted 100% in favour of every resolution. Of the 14,106 shareholders on record, only 78 attended in person and none joined via video conferencing. Resolutions included routine items such as adoption of FY25 audited financial statements, re-appointment of Mr. Abhijit Rao as director, and appointment of M/s Sharma and Trivedi LLP as Secretarial Auditors for 5 years (FY26–FY30). Notably, shareholders also approved a special resolution to reduce the company's paid-up share capital and amend the share capital clause of the Memorandum of Association. The only vote against any resolution was a single vote (out of 1.5 crore) against the re-appointment of Mr. Mohan Rao Penugonda as Chairman & Managing Director.
The capital reduction is the most material outcome — once effective, this will shrink the company's paid-up share capital and could affect per-share metrics and shareholder equity value. Re-appointment of the CMD ensures management continuity. No material shareholder dissent was observed on any item.