AGM results: all 5 resolutions passed, composite scheme approved
VIVIDHA · price
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Visagar Polytex held its 43rd AGM on 30 Sept 2026. All 5 resolutions passed via e-voting and ballot. These include adoption of FY26 audited financials, re-appointment of Mr. Vikramjit Singh Gill as director, statutory auditor appointment, material related party transactions, and a special resolution approving a Composite Scheme of Arrangement with shareholders. About 6.78 percent of outstanding shares were polled. Resolutions 4 and 5 saw notable dissent from public non-institutional e-voters (around 37 to 38 percent against), though promoter group voted 100 percent in favour on all items.
Composite Scheme of Arrangement approved signals potential corporate restructuring ahead. All routine items cleared with strong promoter support.