The Voting Result and Scrutinizers Report of 15th Annual General Meeting held on 01/08/2025
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Vivaa Tradecom Limited held its 15th Annual General Meeting on August 1, 2025, where all five resolutions were passed with 100% votes in favour. The resolutions included adoption of audited financial statements for FY2024-25, reappointment of Mrs. Sangitaben Niranjankumar Jain as director (retiring by rotation), increase in borrowing powers, increase in limits of loans and investments, and conversion of loans from directors and promoter into equity shares. Out of 241 total shareholders on the cut-off date, 26 members voted electronically, representing 27,71,220 shares or 70.38% of the total 39,37,500 outstanding shares. No votes were cast against any resolution, and the scrutinizer RPSS & Co. confirmed the results.
All resolutions passed unanimously, including the conversion of promoter/director loans into equity (potential dilution signal worth monitoring) and expanded borrowing and investment limits that give management more financial flexibility. For shareholders, the loan-to-equity conversion could affect future shareholding percentages, while the 70%+ turnout shows reasonable shareholder engagement.