Viviana Power Tech Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2025
VIVIANA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Viviana Power Tech held its 11th AGM on September 29, 2025 via video conferencing, running from 4:00 PM to 4:30 PM. Out of 2,214 shareholders on record, only 17 attended the meeting, and no shareholder registered to speak. The Statutory Auditor's Report was clean with no qualifications, but the Secretarial Auditor's Report contained certain qualifications that were noted by members. Four resolutions were tabled: adoption of FY25 audited financials, re-appointment of Mrs. Reema Nikesh Choksi as director retiring by rotation, and two special resolutions to increase the Board's borrowing limits and powers to create charges on company assets under Sections 180(1)(a) and 180(1)(c) of the Companies Act. All directors except Mrs. Reema Nikesh Choksi were present, along with the CFO, statutory auditor representative, and scrutinizer.
The two special resolutions seeking higher borrowing limits and expanded powers to pledge or securitize company assets suggest Viviana Power Tech may be preparing to take on more debt or raise funds against its assets in the near future. Shareholders should watch for any follow-up announcements on debt raising or asset-backed transactions. The qualifications in the Secretarial Auditor's Report are a minor governance red flag worth monitoring.