AGM SCRUTINIZER''S REPORT.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vikalp Securities Limited held its 39th AGM on 29th September 2025 via video conferencing, where all 7 resolutions were passed with 100% approval. Key items included adoption of FY25 audited financial statements, re-appointment of Mr. Dipakkumar Ganeshbhai Patel (DIN: 02488181) as Director (rotational), appointment of M/s Rajeshkumar P. Shah & Co. as statutory auditors, regularization of Mrs. Kamuben Dipakkumar Patel as non-executive director, appointment of M/s Utkarsh Shah & Co. as secretarial auditor for FY26–FY30, shifting of registered office from Uttar Pradesh to Gujarat (special resolution), and appointment of Mr. Dipakkumar Ganeshbhai Patel as Chairman & Managing Director for 5 years (special resolution). Out of 2,209 shareholders, only 2 promoter group members and 24 public shareholders attended via VC. Approximately 48.37% of total equity shares were polled (14,76,254 shares) on most resolutions, all voted in favour. For resolutions 4 and 7, promoter votes (13,83,390 shares) were invalidated due to conflict of interest, leaving only 92,864 public non-institutional votes counted.
Routine procedural filing — no material business or financial impact on shareholders. The registered office shift from Uttar Pradesh to Gujarat signals the company's operational base is moving to the promoters' home state, and the 5-year CMD re-appointment confirms continuity of existing management. Low public shareholder voting turnout (only ~6.6% of public non-institutional shares) reflects limited retail engagement.