Pursuant to Regulation 30 of the SEBI LODR Regulations, 2015, we wish to inform you that the 12th AGM of the Members of Vivanta Industries Limited was held today, i.e., 30th September, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The 12th AGM of Vivanta Industries Limited was held on 30th September 2025 via video conferencing, and all 7 resolutions on the agenda were passed with the requisite majority. Members adopted the audited standalone and consolidated financial statements for FY2024-25 and approved the re-appointment of Mr. Bhatt J. R. (DIN: 03362796) as a director liable to retire by rotation. Two new non-executive independent directors — Mrs. Nidhi Bansal (DIN: 09693120) and Mr. Mukesh G. Kanazariya (DIN: 10451579) — were appointed to the board. Shareholders also cleared a revision of the Board's borrowing limits under Section 180(1)(c), an increase in authorised share capital with a consequential amendment to the MoA, and approval for material related party transactions for FY2024-25. The meeting, chaired by CMD Mr. Hemant A. Parikh, lasted roughly 14 minutes (4:07 p.m. to 4:21 p.m.), and the e-voting scrutiniser's report will be filed separately within 48 hours.
The increase in authorised share capital and revision of borrowing limits suggest the company is laying the groundwork for potential fundraising or expansion, while the approval of material related party transactions is a governance item shareholders should keep an eye on. Adding two new independent directors modestly strengthens board composition and may be viewed positively from a governance standpoint.