Voting result and Scrutinizer Report of the 44th AGM held on 25th September 2025 at 12:30 PM through VC/OAVM.
Awaiting price reaction for this filing.
Arcotech Ltd held its 44th Annual General Meeting on 25th September 2025 at 12:30 PM via video conferencing, with 42 shareholders attending out of 29,419 on record. Six resolutions were put to vote and all were passed with overwhelming support. Adoption of FY25 financial statements was approved with 99.98% in favour. Re-appointment of director Sh. Arvind Kumar Saraf and the appointment of Secretarial Auditor for 5 years each received about 99.96% support. Material Related Party Transactions were cleared with 96.69% in favour, though promoters did not vote on this resolution as they were deemed interested. Re-appointment of Independent Directors Mrs. Megha Bansal and Mr. Rohit Agrawal for a second term was approved as special resolutions with 99.87% in favour. Overall shareholder turnout was modest at about 36.92% of outstanding shares (3.87 crore out of 10.5 crore shares).
All routine AGM items including director re-appointments, FY25 accounts, related party transactions, and secretarial auditor appointment have been cleared by shareholders, so there is no governance overhang. Low voting turnout and the relatively lower approval percentage for the related party transactions resolution are minor points to note but unlikely to move the stock.