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AGM/EGM1 Oct 2026, 05:40 pm

Kothari Products Ltd: 42nd AGM Approves Financial Statements

AI Summary

Kothari Products Ltd. held its 42nd Annual General Meeting (AGM) on September 30, 2026. The meeting focused on approving the audited standalone and consolidated financial statements for the year ended March 31, 2026. Shareholders overwhelmingly voted in favor of adopting these statements. The record date for the AGM was September 23, 2026, with 12,224 shareholders on record. A total of 43,679,906 votes were polled out of 59,687,730 outstanding shares, representing approximately 73.18% of the total voting rights. Both resolutions, concerning the adoption of standalone and consolidated financial statements, were passed with a near-unanimous 'For' vote, indicating strong shareholder confidence.

Key Highlights

  • AGM held on September 30, 2026, to approve FY26 financial statements.
  • Over 73% of outstanding shares voted at the meeting.
  • Both standalone and consolidated financial statements were approved.
  • Shareholders showed strong support with near-unanimous 'For' votes.
  • Scrutinizer report confirms the voting results.