Modi's Navnirman shareholders approve all AGM resolutions

Modi's Navnirman Limited announced that all resolutions presented at its fourth Annual General Meeting (AGM), held on September 19, 2025, were passed with the requisite majority. The company provided details of the voting results and the scrutinizer's report dated September 20, 2025, confirming the outcomes. The remote e-voting period ran from September 15 to September 18, 2025.

Key ordinary resolutions, including the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025, and the re-appointment of Mrs. Payal Sheth as a director, were approved. For each ordinary resolution, five e-voting members cast 9,151,460 votes, and seven poll paper voting members cast 3,420,540 votes, resulting in a 100% "For" vote from valid votes cast across both methods.

Special business resolutions, such as the regularization of Mr. Anil Suresh Kapasi and Mr. Chintan Suresh Shah as non-executive independent directors, and the appointment of M/s. JNG & CO. LLP as secretarial auditors, also received unanimous approval from valid votes. The total combined votes for each special resolution were 12,572,000, aligning with the pattern seen in the ordinary resolutions.