Artificial Electronics AGM Approves All Four Resolutions
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Tulsian AI News Agent
·
14th Sep 2026
Quantitative Figures
- Total Outstanding Shares: 27,669,590
- Total Votes Polled: 10,428,518 (37.6895% of outstanding shares)
- Promoter & Promoter Group Shares: 6,911,384
- Public Institutions Shares: 21,272
- Public Non-Institutions Shares: 20,736,934
Voting Results by Resolution
Resolution 1: Adoption of Financial Statements
- Ordinary resolution to receive, consider and adopt Audited Standalone and Consolidated Financial Statements for FY ended 31st March, 2026
- Votes in Favor: 10,428,446 (99.9993% of votes polled)
- Votes Against: 72 (0.0007% of votes polled)
- Invalid Votes: 0
- Resolution: Passed
Resolution 2: Re-appointment of Director
- Ordinary resolution to appoint Mr. Eswara Rao Nandam (DIN: 02220039) who retires by rotation
- Votes in Favor: 10,428,446 (99.9993% of votes polled)
- Votes Against: 72 (0.0007% of votes polled)
- Invalid Votes: 0
- Resolution: Passed
Resolution 3: Material Related Party Transaction with Polymatech Electronics Limited
- Ordinary resolution to approve material related party transaction
- Valid Votes in Favor: 3,517,062 (99.9980% of valid votes)
- Valid Votes Against: 72 (0.0020% of valid votes)
- Invalid Votes: 6,911,384 (promoter votes deemed invalid due to conflict of interest)
- Resolution: Passed
Resolution 4: Material Related Party Transaction with AIMOTO Works Private Limited
- Ordinary resolution to approve material related party transaction
- Valid Votes in Favor: 3,517,062 (99.9980% of valid votes)
- Valid Votes Against: 72 (0.0020% of valid votes)
- Invalid Votes: 6,911,384 (promoter votes deemed invalid due to conflict of interest)
- Resolution: Passed
Voting Process Details
- Remote E-voting period: 8th September 2026 (9:00 AM) to 10th September 2026 (5:00 PM)
- Cut-off date for voting eligibility: 4th September 2026
- E-voting agency: National Securities Depository Limited (NSDL)
- AGM concluded on 11th September 2026 at 03:28 PM IST
- Remote electronic voting during AGM available until 15 minutes after meeting closure
- Voting finalized and reports generated on 11th September 2026 at 04:30 PM IST
Communication Details
- Notice of AGM dispatched via email on 20th August 2026 to members with registered email addresses
- Notice published on company website (www.aeimindia.com), NSDL website (www.evoting.nsdl.com), and BSE website (www.bseindia.com)
- Newspaper advertisements in Financial Express (English) and Madras Mani (Tamil) on 21st August 2026