The Proceeding of 15th AGM held on 01/08/2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vivaa Tradecom Limited held its 15th Annual General Meeting for FY 2024-25 on Friday, August 1, 2025, in Ahmedabad, starting at 11:00 AM and concluding at 11:40 AM. A total of 13 members attended the meeting chaired by Managing Director Miteshbhai Jayantilal Adani. Five resolutions were put to vote, including two ordinary resolutions (adoption of audited financial statements for FY ended March 31, 2025, and re-appointment of director Sangitaben Niranjankumar Jain) and three special resolutions. The special resolutions sought approval to increase the company's borrowing powers, raise limits on loans and investments, and convert loans taken from directors and the promoter into equity shares. E-voting was open from July 29 to July 31, 2025, with ballot papers available at the meeting for those who hadn't voted electronically.
The three special resolutions are notable for shareholders: approving higher borrowing limits signals the company may take on additional debt, while the conversion of promoter/director loans into equity shares could dilute existing shareholders' holdings depending on conversion terms. Voting results are awaited and will be published within two working days, which may influence short-term stock sentiment.