Banswara Syntex Limited submitted the scrutinizer's report for its 50th Annual General Meeting (AGM) held on Thursday, 30th July 2026 at 5:00 PM IST through video conference and other audio-visual means.
Meeting Details
- Date of AGM: July 30, 2026
- Cut-off date for shareholder eligibility: July 23, 2026
- Remote e-voting period: July 25, 2026 to July 29, 2026
- Total number of shareholders as on record date: 11,264
Attendance Details
- Promoters & Promoter Group present in meeting: 3
- Public shareholders present in meeting: 1
- Promoters & Promoter Group attended through Video Conferencing: 4
- Public shareholders attended through Video Conferencing: 62
- Total resolutions passed: 8
Voting Results Summary
All eight resolutions were duly passed by the members with requisite majority:
Resolution 1: Adoption of Financial Statements
- Ordinary resolution to receive and adopt:
- Audited Standalone Financial Statements for FY ended 31st March 2026 with Board of Directors and Auditors reports
- Audited Consolidated Financial Statements for FY ended 31st March 2026 with Auditor's report
- Total votes cast: 18,718,203 (54.68% of outstanding shares)
- Votes in favor: 18,718,200 (99.99%)
- Votes against: 3 (0.01%)
Resolution 2: Declaration of Final Dividend
- Ordinary resolution to declare final dividend on Equity Shares for FY ended 31st March 2026
- Total votes cast: 18,718,203 (54.68% of outstanding shares)
- Votes in favor: 18,718,200 (99.99%)
- Votes against: 3 (0.01%)
Resolution 3: Re-appointment of Director
- Ordinary resolution to appoint Mr. Ravindrakumar Toshniwal (DIN: 00106789), Vice Chairman, who retires by rotation
- Total votes cast: 18,718,203 (54.68% of outstanding shares)
- Votes in favor: 18,591,539 (99.32%)
- Votes against: 126,664 (0.68%)
Resolution 4: Ratification of Cost Auditors Remuneration
- Ordinary resolution to ratify remuneration to Cost Auditors for Financial Year 2026-27
- Total votes cast: 18,718,203 (54.68% of outstanding shares)
- Votes in favor: 18,718,000 (99.99%)
- Votes against: 203 (0.01%)
Resolution 5: Re-appointment of Chairman
- Special resolution to re-appoint Mr. Rakesh Mehra (DIN: 00467321) as Chairman and Whole-time Director
- Total votes cast: 18,718,203 (54.68% of outstanding shares)
- Votes in favor: 18,591,434 (99.32%)
- Votes against: 126,769 (0.68%)
Resolution 6: Re-appointment of Vice Chairman
- Special resolution to re-appoint Mr. Ravindrakumar Toshniwal (DIN: 00106789) as Vice Chairman and Whole-time Director
- Total votes cast: 18,718,203 (54.68% of outstanding shares)
- Votes in favor: 18,591,434 (99.32%)
- Votes against: 126,769 (0.68%)
Resolution 7: Re-appointment of Managing Director
- Special resolution to re-appoint Mr. Shaleen Toshniwal (DIN: 00246432) as Managing Director
- Total votes cast: 18,718,203 (54.68% of outstanding shares)
- Votes in favor: 18,718,000 (99.99%)
- Votes against: 203 (0.01%)
Resolution 8: Appointment of Independent Director
- Special resolution to appoint Mr. Udeypaul Singh Gill (DIN: 00004340) as Non-Executive Independent Director
- Total votes cast: 18,718,203 (54.68% of outstanding shares)
- Votes in favor: 18,717,763 (99.99%)
- Votes against: 440 (0.01%)
Shareholding Pattern
- Total outstanding shares: 34,232,084
- Promoter & Promoter Group holding: 18,550,786 shares (54.19%)
- Public Institutions holding: 2,730,066 shares (7.98%)
- Public Non-Institutions holding: 12,951,232 shares (37.83%)
Scrutinizer Details
- Scrutinizer: M/s. Mihen Halani & Associates, Practicing Company Secretaries
- Scrutinizer's Report dated: 31st July 2026
- E-voting service provider: Central Depository Services (India) Limited
Document Submission
- Submitted to BSE Limited and National Stock Exchange of India Ltd
- Voting results and scrutinizer's report hosted on company website (www.banswarasyntex.com) and CDSL website (www.evotingindia.com)