Voting Result and Scrutinizer''s Report of 32nd AGM held on September 25, 2025.
VIDHIING · price
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Vidhi Specialty Food Ingredients held its 32nd AGM on September 25, 2025 via video conferencing, where all 8 resolutions were passed with the required majority. Total votes polled stood at 3,22,04,090 shares, representing 64.48% of the 4,99,45,000 outstanding shares. Promoters (holding 3,21,01,000 shares) voted 100% in favour of every resolution. Routine items — adoption of standalone and consolidated FY25 financial statements, confirmation of three interim dividends, and declaration of a final dividend for FY25 — saw near-unanimous approval with only 13 dissenting votes each. The re-appointment of Mrs. Vidhi Harsh Parekh (rotational director) and Mr. Mihir Bipin Manek (Joint Managing Director) also passed, though with measurable dissent (~17,000–18,900 votes against). The appointment of Hemanshu Kapadia & Associates as Secretarial Auditor for five years (FY26–FY30) was approved unanimously.
All AGM business was cleared, including dividend payments and key director re-appointments, leaving no governance overhang for shareholders. However, retail and institutional investors should note the notable dissent from public-institutional voters (98.7% against) on Mr. Manek's re-appointment, which is worth monitoring but did not block the resolution. Overall, the meeting outcome is neutral to mildly positive — confirming shareholder rewards (dividends) and continuity of management.