Scrutinizer's Report for Nitin Spinners Limited 34th AGM
Appointment and Process Details
- CS Manoj Maheshwari of V. M. & Associates was appointed as scrutinizer at the Board meeting held on August 08, 2026.
- Central Depository Services (India) Limited (CDSL) was engaged as the service provider for remote e-voting and e-voting facilities.
- Bigshare Services Private Limited is the Registrar and Share Transfer Agents (RTA) of the company.
- The cut-off date for determining shareholders entitled to vote was September 14, 2026.
- Remote e-voting period: September 17, 2026 (9:00 AM) to September 20, 2026 (5:00 PM).
- AGM was held on September 21, 2026 at 3:00 PM through Video Conferencing/Other Audio-Visual Means.
- Total shareholders as of August 21, 2026: 31,938
- Notice dispatched by email to 30,549 members; physical letters sent to 1,389 members without email registration.
- Advertisements published in Business Standard (English) and Pratahkal (vernacular) on August 13, 2026 and August 28, 2026.
Voting Statistics
- Total outstanding shares: 5,62,20,000
- Total votes cast: 4,05,52,512 shares (72.1318% participation)
- Remote e-voting: 4,05,50,611 shares from 112 folios
- E-voting at AGM: 1,901 shares from 1 folio
- No invalid/abstain votes recorded
- No instances of shareholders voting both remotely and at AGM
Resolution-wise Results
Item No. 1: Ordinary Resolution - Adoption of Audited Financial Statements
- Total votes in favor: 4,05,52,160 shares (99.9991%)
- Votes against: 352 shares (0.0009%)
- Promoter & Promoter Group: 3,18,82,000 shares voted, 100% in favor
- Public Institutional: 86,15,945 shares voted, 100% in favor
- Public Others: 54,567 shares voted, 54,215 in favor (99.3549%), 352 against (0.6451%)
- RESULT: PASSED
Item No. 2: Ordinary Resolution - Declaration of Final Dividend of ₹3.00 per Equity Share
- Total votes in favor: 4,05,52,460 shares (99.9999%)
- Votes against: 52 shares (0.0001%)
- Promoter & Promoter Group: 3,18,82,000 shares voted, 100% in favor
- Public Institutional: 86,15,945 shares voted, 100% in favor
- Public Others: 54,567 shares voted, 54,515 in favor (99.9047%), 52 against (0.0953%)
- RESULT: PASSED
Item No. 3: Ordinary Resolution - Re-Appointment of Shri Dinesh Nolkha (DIN:00054658)
- Total votes in favor: 4,05,52,160 shares (99.9991%)
- Votes against: 352 shares (0.0009%)
- Promoter & Promoter Group: 3,18,82,000 shares voted, 100% in favor
- Public Institutional: 86,15,945 shares voted, 100% in favor
- Public Others: 54,567 shares voted, 54,215 in favor (99.3549%), 352 against (0.6451%)
- RESULT: PASSED
Item No. 4: Special Resolution - Re-appointment of Sh. Rohit Swadheen Mehta as Independent Director
- Total votes in favor: 4,05,45,629 shares (99.9830%)
- Votes against: 6,883 shares (0.0170%)
- Promoter & Promoter Group: 3,18,82,000 shares voted, 100% in favor
- Public Institutional: 86,15,945 shares voted, 86,09,564 in favor (99.9259%), 6,381 against (0.0741%)
- Public Others: 54,567 shares voted, 54,065 in favor (99.0800%), 502 against (0.9200%)
- RESULT: PASSED
Item No. 5: Ordinary Resolution - Ratification of Remuneration of Cost Auditors for FY 2026-27
- Total votes in favor: 4,05,50,082 shares (99.9940%)
- Votes against: 2,430 shares (0.0060%)
- Promoter & Promoter Group: 3,18,82,000 shares voted, 100% in favor
- Public Institutional: 86,15,945 shares voted, 100% in favor
- Public Others: 54,567 shares voted, 52,137 in favor (95.5468%), 2,430 against (4.4532%)
- RESULT: PASSED
Additional Information
- All resolutions were deemed passed as of the AGM date (September 21, 2026).
- Electronic data and relevant records will be handed over to the Company Secretary for preservation after the Chairman approves and signs the AGM minutes.
- This report serves as compliance with Section 109 of the Companies Act, 2013 and Rule 21(2) of The Companies (Management and Administration) Rules, 2014.