Voting result for Annual General meeting
Awaiting price reaction for this filing.
Bijoy Hans Limited held its 40th AGM on August 25, 2025 via video conferencing (3:00 PM to 3:12 PM) and all 11 resolutions were passed with 100% votes in favor and zero votes against. Only 33 out of 3,223 shareholders (~1% of holders) cast votes through remote e-voting, representing about 62.12% of the 75 lakh total shares for most resolutions. Key items approved include adoption of financial statements, appointment of statutory and secretarial auditors (SKGK & Associates LLP for 5 years), approval for material related party transactions (promoters abstaining), increase in borrowing limits under Section 180, and additional lending/investment powers under Sections 185 and 186. Mr. Kaushal Uttam Shah was re-designated as Chairman and Managing Director, and two new Independent Directors (Mr. Brijesh Biyani and Dr. Rahul Mayur) were appointed.
All resolutions passed unanimously with no opposing votes, indicating strong promoter control and shareholder agreement on management proposals. The expanded borrowing limits and related party transaction approvals give the Board greater financial flexibility going forward, while the addition of new Independent Directors slightly strengthens governance. Low shareholder turnout (1% of holders voting) is typical for small-cap companies with concentrated promoter holdings.