V-Mart Retail Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 29, 2025. Further, the company has informed the Exchange regarding voting results.
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V-Mart Retail submitted the consolidated voting results and Scrutinizer's Report for its 23rd AGM held on July 29, 2025, conducted via video conferencing through NSDL's e-voting platform. Shareholders passed all 7 resolutions with the requisite majority, including adoption of FY25 audited financial statements (100% in favour), appointment of Mr. Lalit Agarwal as a Director liable to retire by rotation (99.79% in favour), and approval of commission to Non-Executive Directors (100% in favour). Special resolutions to revise the remuneration of Managing Director Mr. Lalit Agarwal and Whole-Time Director Mr. Madan Gopal Agarwal were also passed with 99.98% support. The revision in remuneration of Mr. Varin Aggarwal, who holds an office or place of profit, received the lowest support at 87.63% (promoter group excluded from voting on this resolution). Appointment of M/s Agarwal S. & Associates as Secretarial Auditors for five years was approved with 98.88% support. Out of 25,875 shareholders on the record date (July 22, 2025), 3 promoter group members and 154 public shareholders attended through video conferencing.
This is a routine regulatory disclosure confirming shareholder approval of all agenda items at the AGM, with no surprise outcomes. The high approval percentages across executive remuneration revisions indicate broad shareholder confidence in the management, while the relatively lower (though still comfortable) 87.63% support on Varin Aggarwal's pay revision is worth noting as a minor dissent signal from institutional investors.