BSEKhandelwal Extractions LtdMinimalNeutral
Announced Wed, 24 Sept · 19:31 IST

We are submitting herewith the voting results under regulation 44(3) of SEBI(Listing Obligation and disclosure requirements) along with the scrutinizer report

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Khandelwal Extractions Limited held its 43rd Annual General Meeting on September 24, 2025, from 4:00 PM to 4:40 PM. All four resolutions were passed with 100% votes in favour and zero dissent. The resolutions included: (1) adoption of audited financial statements for FY2024-25, (2) re-appointment of Mr. Dinesh Khandelwal as director retiring by rotation, (3) appointment of Banthia & Co. as secretarial auditor, and (4) re-appointment of Mr. Dinesh Khandelwal as Whole-time Director & CFO for three years effective April 1, 2026. Out of 2,520 shareholders on the record date (September 17, 2025), only 26 members cast e-votes representing 322,707 shares (~37.96% of total outstanding shares of 850,100). Promoter group holds 327,600 shares (~38.5%) and voted in favour on all resolutions.

Likely market impact

All resolutions passed unanimously with no opposition, indicating no shareholder dissent and smooth governance. The three-year re-appointment of promoter Mr. Dinesh Khandelwal as Whole-time Director & CFO provides management continuity. Low voter turnout (~38%) is typical for small-cap companies with concentrated promoter ownership and limited public float.