Voting Result of 40th AGM along with Scrutinizer's Report
VIKASECO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vikas EcoTech Ltd held its 40th Annual General Meeting on September 29, 2025, where all 9 resolutions were passed with overwhelming majority. Key items included adoption of FY25 audited financial statements (99.94% in favour), reappointment of Executive Director Rajeev Kumar (99.86%), and several special resolutions enabling the board to borrow funds, give loans/guarantees under Section 185, raise investment limits under Section 186, and approve related party transactions under Section 188. Voting was conducted entirely via remote e-voting; out of 1,76,87,06,024 total shares, only 20,45,15,570 shares (around 11.56%) were polled. Promoters voted fully in favour while retail public shareholders showed very minor dissent (under 2% against any resolution). Scrutinizer Avinash K & Co confirmed all resolutions were approved with requisite majority.
All proposals sailed through, giving the board enhanced flexibility on borrowings, loans, investments, and related party dealings without fresh approvals. The very low overall voting turnout (~11.56%) means outcomes effectively mirror promoter-aligned voting, which minority shareholders should monitor given the expanded Section 185/186/188 powers now sanctioned.