Voting Results and Scrutinizer''s Report of the 44th AGM of the Company held on 30th September 2025.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Zodiac Ventures held its 44th AGM on 30th September 2025 via video conferencing, where 9 resolutions were voted on. Out of 8.27 crore total shares, only about 2.44 crore (29.54%) were voted. Eight resolutions passed with overwhelming majority (over 99.5% in favour), including adoption of FY25 financial statements, declaration of final dividend, reappointment of directors Mr. Jimit Shah and Mr. Sahil Visaria, appointment of M/s R.N. Shah & Associates as Secretarial Auditors for 5 years (FY26-FY30), and approvals for borrowing power, loans, and advances under Sections 180, 185, and 186. However, Resolution No. 9 seeking approval for related party transactions with associate companies under Section 188 was REJECTED, with 76% of votes cast against it. Promoters (holding ~2.43 crore shares) were interested in Resolution 9 and abstained from voting, leaving only public shareholders to decide.
Shareholders approved the final dividend for FY25 and most governance proposals, signaling broad support for management. The rejection of Resolution 9 (related party transactions with associate companies) is significant — the company cannot proceed with such transactions without seeking a fresh shareholder approval, which could affect any planned deals with associate companies.