Fredun Pharmaceuticals Limited held its 39th Annual General Meeting (AGM) on Tuesday, June 30, 2026 at 09:00 a.m. (IST) through Video Conferencing/Other Audio-Visual Means without physical presence of shareholders, in compliance with MCA and SEBI circulars and the Companies Act, 2013.
The company submitted voting results pursuant to Regulation 44 of SEBI Listing Regulations along with the scrutinizer's report issued by Ms. Kala Agarwal, Practicing Company Secretary (Membership No. 5976, Certificate of Practice No. 5356), regarding remote e-voting at the AGM.
Voting Process Details
- Book closure period: Wednesday, June 24, 2026 to Tuesday, June 30, 2026
- Shareholders holding shares as of June 23, 2026 were entitled to vote
- National Securities Depositories Ltd (NSDL) was appointed for conducting electronic voting
- Remote e-voting period: Saturday, June 27, 2026 at 09:00 A.M. to Monday, June 29, 2026 at 05:00 P.M.
- E-voting was also conducted during the AGM for shareholders present via VC/OAVM who hadn't voted earlier
Resolution Voting Results
All eleven resolutions mentioned in the AGM notice dated May 25, 2026 were passed with requisite majority.
Ordinary Business Item No. 1: To receive, consider and adopt Audited Financial Statements for FY ended March 31, 2026
- Voted in favor: 67 members, 2,425,392 votes (100.00%)
- Voted against: 1 member, 1 vote (0.00%*)
- Invalid votes: 0
Ordinary Business Item No. 2: To declare 7% Dividend on Equity Shares for FY ended March 31, 2026
- Voted in favor: 67 members, 2,425,392 votes (100.00%)
- Voted against: 1 member, 1 vote (0.00%*)
- Invalid votes: 0
Ordinary Business Item No. 3: To reappoint Dr. (Mrs.) D. N. Medhora, Whole Time Director (DIN: 01745277) who retires by rotation
- Voted in favor: 66 members, 2,425,382 votes (100.00%)
- Voted against: 2 members, 11 votes (0.00%*)
- Invalid votes: 0
Special Business Item No. 4: Increase in Authorised Share Capital and Consequent Alteration to Capital Clause of Memorandum of Association
- Voted in favor: 66 members, 2,425,382 votes (100.00%)
- Voted against: 2 members, 11 votes (0.00%*)
- Invalid votes: 0
Special Business Item No. 5: Issue of Bonus Equity Shares
- Voted in favor: 67 members, 2,425,392 votes (100.00%)
- Voted against: 1 member, 1 vote (0.00%*)
- Invalid votes: 0
Special Business Item No. 6: To ratify remuneration of Cost Auditor for FY ending March 31, 2027
- Voted in favor: 67 members, 2,425,392 votes (100.00%)
- Voted against: 1 member, 1 vote (0.00%*)
- Invalid votes: 0
Special Business Item No. 7: Approval for transaction with Related Parties (Special Resolution)
- Voted in favor: 67 members, 2,425,392 votes (100.00%)
- Voted against: 1 member, 1 vote (0.00%*)
- Invalid votes: 0
Special Business Item No. 8: Creation of Charges on movable and immovable properties for borrowings (Special Resolution)
- Voted in favor: 67 members, 2,425,392 votes (100.00%)
- Voted against: 1 member, 1 vote (0.00%*)
- Invalid votes: 0
Special Business Item No. 9: To increase borrowing limit under Section 180(1)(c) of Companies Act, 2013 (Special Resolution)
- Voted in favor: 67 members, 2,425,392 votes (100.00%)
- Voted against: 1 member, 1 vote (0.00%*)
- Invalid votes: 0
Special Business Item No. 10: To grant loan/provide security or guarantee to Directors and other interested persons (Special Resolution)
- Voted in favor: 67 members, 2,425,392 votes (100.00%)
- Voted against: 1 member, 1 vote (0.00%*)
- Invalid votes: 0
Special Business Item No. 11: To increase limits for making investments/extending loans and giving guarantees (Special Resolution)
- Voted in favor: 67 members, 2,425,392 votes (100.00%)
- Voted against: 1 member, 1 vote (0.00%*)
- Invalid votes: 0