Voting Results and Scrutinizer(s) report on 32nd AGM of the Company
Awaiting price reaction for this filing.
Medinova Diagnostic Services held its 32nd Annual General Meeting on September 3, 2025, via video conferencing. Three ordinary resolutions were put to vote and all were passed with overwhelming shareholder support. Total of 70,51,068 votes were polled, representing 70.64% of the company's 99,81,640 outstanding shares. Promoters (holding 62,02,220 shares) voted 100% in favour, while public non-institutional shareholders polled 22.46% of their holding. All three resolutions received 99.9758% votes in favour and just 0.0242% against. The resolutions covered adoption of audited standalone financial statements, audited consolidated financial statements for FY ended March 31, 2025, and the re-appointment of Dr. Sura Surendranath Reddy (DIN: 00108599) as a director, who retires by rotation.
The near-unanimous approval of all three routine AGM resolutions signals smooth corporate governance with no shareholder dissent on financials or board composition. The re-appointment of the existing director ensures continuity in leadership. This is a routine procedural filing with no material impact on the stock price.