Voting Result of Annual General Meeting
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Yarn Syndicate Limited held its Annual General Meeting on 17 September 2025 via video conferencing from 4:03 PM to 4:42 PM, where all 9 resolutions were passed with overwhelming shareholder support (over 99.94% in favour on each). Shareholders approved the audited standalone and consolidated financial statements for FY ended 31 March 2025, the re-appointment of Director Tarachand Agrawal (who retires by rotation), and the appointment of SSRV & Associates as statutory auditor and Jay Pandya & Associates as secretarial auditor for five years. Five resolutions approved material related party transactions with Stitched Textile Limited, Brand Cluster LLP, Vaxtex Cotfab Limited, Vax Enterprise Private Limited, and Aarvee Denims and Exports Limited, in which promoters were interested and therefore abstained from voting. On a total share base of 2.175 crore shares across 8,467 shareholders, only about 7.78% voted for the first four resolutions while just 2.12% of public shareholders voted on the RPT resolutions, with 73 shareholders (1 promoter + 72 public) attending via VC. The scrutinizer was Gaurav V Bachani (Gaurav Bachani & Associates).
This is a routine AGM clearance with no surprises — all routine and RPT resolutions sailed through with near-unanimous support. Shareholders should note the five approved material related party transactions indicate significant ongoing business dealings with promoter-group/related entities, which is worth monitoring for arm's-length pricing and governance.