Voting results and scrutinizer''s report of the 35th Annual General Meeting
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Bharat Textiles & Proofing Industries Ltd held its 35th AGM on 30 September 2025 where all four resolutions were passed with 100% votes in favour. The resolutions covered: (1) adoption of FY25 financial statements (18,08,980 votes in favour), (2) re-appointment of Mr. Anil Bhandari as director via rotation (5,93,510 votes in favour), (3) approval of material related party transactions as a special resolution (34,700 votes in favour, with promoters abstaining as required), and (4) increase in borrowing powers under Section 180(1)(c) up to Rs. 50 crores (18,08,980 votes in favour). Overall voting turnout was low at around 30.9% of outstanding shares, with the promoter group holding 29,62,430 shares (~50.6% of the company).
All resolutions passed unanimously with zero votes against, indicating no shareholder opposition to the company's FY25 accounts, director re-appointment, related party transactions, or expanded borrowing limit of Rs. 50 crores. The increased borrowing headroom suggests the company may be planning to take on more debt for expansion or working capital needs.