Voting Results for 33rd AGM of the Company as Per Regulation 44 of SEBI LODR Regulations 2015.
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Vippy Spinpro Ltd held its 33rd Annual General Meeting on August 30, 2025, via video conferencing, and submitted the voting results on September 1, 2025. The company has 8,011 shareholders and a paid-up equity capital of Rs. 5.87 crore (58.7 lakh shares of Rs. 10 each). 73 shareholders participated in e-voting, representing 39,26,856 shares (66.89% of paid-up capital), and all six resolutions were passed unanimously with 100% votes in favour and none against. The resolutions included adoption of FY25 audited financial statements, re-appointment of Praneet Mutha as director, ratification of Cost Auditors' remuneration, re-appointment of Mangalore Maruthi Rao as Whole Time Director for one year, ratification of Managing Director Piyush Mutha's remuneration, and appointment of Shilpesh Dalal & Company as Secretarial Auditor for five years. The promoter group (39,08,181 shares) and public non-institutions (18,675 shares) both voted fully in favour.
The clean sweep with 100% approval across all resolutions — including the Managing Director's remuneration ratification and director re-appointments — signals strong shareholder alignment and management continuity. For retail investors, this is a routine procedural outcome with no governance red flags, though the low public turnout (just 18,675 public non-institution shares voted) means most retail holders were passive.