Meeting Details
The 35th Annual General Meeting of Pasari Spinning Mills Limited was held on Saturday, September 19, 2026 at 11:00 AM through video conferencing (VC) or other audio visual means (OAVM) in compliance with Ministry of Corporate Affairs directions. The meeting commenced at 11:00 AM and concluded at 11:22 AM.
Record Date and Shareholder Information
Record date for the meeting was September 11, 2026. Total number of shareholders on record date: 11,338.
Attendance details:
- Promoters and promoter group present: 3 shareholders
- Public shareholders present: 2 shareholders
- Shareholders attended through video conferencing: 65 public shareholders (0 promoters)
Resolutions Passed
All three resolutions contained in the AGM notice were passed by shareholders:
Resolution 1: Ordinary Resolution
To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2026, the Profit & Loss Account and Cash Flow Statement together with the Boards Report and Auditors Report thereon as circulated to the shareholders.
Voting Results:
- Total shares voted: 72,69,857 (5.268% of outstanding shares)
- Votes in favor: 72,10,240 shares (99.17% of votes cast)
- Votes against: 59,617 shares (0.82% of votes cast)
- Invalid votes: 0
Promoter voting: 71,71,642 shares voted (97.9419% of promoter holding), all in favor.
Resolution 2: Ordinary Resolution
To appoint a Director in place of Mr. Kolagunda Kumar Siddappa who retires by rotation and being eligible, offers himself for re-appointment.
Voting Results:
- Total shares voted: 72,69,857 (5.268% of outstanding shares)
- Votes in favor: 72,10,240 shares (99.17% of votes cast)
- Votes against: 59,617 shares (0.82% of votes cast)
- Invalid votes: 0
Promoter voting: 71,71,642 shares voted (97.9419% of promoter holding), all in favor.
Resolution 3: Special Resolution
Re-Appointment of Mr. Byadarahally Lakshmaiah Pundareeka (DIN: 01415867) as an Independent Director for a second term of five consecutive years.
Voting Results:
- Total shares voted: 72,69,857 (5.268% of outstanding shares)
- Votes in favor: 72,10,240 shares (99.17% of votes cast)
- Votes against: 59,617 shares (0.82% of votes cast)
- Invalid votes: 0
Promoter voting: 71,71,642 shares voted (97.9419% of promoter holding), all in favor.
Scrutinizer Details
Name: Vinay B L
Firm: CS Vinay B L
Qualification: Company Secretary
Membership Number: 9159
Date of Board Meeting appointment: 12th August, 2026
Date of Report issuance: 19th September, 2026
Voting Process
The e-voting facility was provided by National Securities Depository Limited (NSDL). Remote e-voting opened on September 14, 2026 at 09:00 AM and closed on September 18, 2026 at 05:00 PM. Shareholders present at the AGM through VC who had not voted remotely were allowed to vote during the meeting.