Enclosed Voting Results along with Scrutinizer''s report for the 33rd Annual General Meeting of the company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Welterman International Ltd held its 33rd Annual General Meeting on September 30, 2025, which lasted about 28 minutes (12:00 PM to 12:28 PM) and was conducted via video conferencing. The company had 4,090 shareholders on the record date, but voting participation was very low with only about 1.04% of outstanding shares (46,029 shares from 60 public non-institutional shareholders) being polled. All five resolutions were passed with 100% votes in favour and zero votes against. The resolutions included adoption of the audited financial statements for FY ending March 31, 2025, reappointment of Mr. Mohammed Mansur H. Dhanani as Director (retiring by rotation), appointment of Mr. Sudeep Saxena as an Independent Non-Executive Director, reappointment of Mr. Mohammed Mansur H. Dhanani as Director and CEO, and approval of the appointment of Secretarial Auditors. Notably, promoters holding 2,013,600 shares did not cast votes through e-voting.
All key resolutions including the reappointment of the CEO and the financial statements were approved unanimously, providing routine corporate governance stability for shareholders. However, the extremely low voting turnout (just over 1% of shares) raises concerns about shareholder engagement in this small-cap BSE-listed company.