Meeting Details
The 33rd Annual General Meeting was held on Wednesday, August 26, 2026 at 12:00 Noon (IST) through Video Conferencing and concluded at 1:52 PM (IST).
Voting Process
Remote e-voting was conducted through NSDL from August 22, 2026 (9:00 AM IST) to August 25, 2026 (5:00 PM IST). Cut-off date for shareholder eligibility was August 21, 2026. Arun Kumar Gupta of Arun Kumar Gupta & Associates was appointed as Scrutinizer.
Resolution Outcomes
All five resolutions proposed in the AGM notice dated June 30, 2026 were approved with requisite majority:
Item No. 1: Ordinary Resolution
Adoption of Audited Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditors
- In Favor: 68 members, 12,946,649 votes (99.998%)
- Against: 17 members, 236 votes (0.002%)
- Invalid: 0 votes
Item No. 2: Ordinary Resolution
Re-appointment of Mr. Bhavanam Ruthvik Reddy (DIN: 08372627) as Whole Time Director & CEO
- In Favor: 66 members, 190,302 votes (99.876%)
- Against: 17 members, 236 votes (0.124%)
- Invalid: 1 member, 11,405,819 votes
Item No. 3: Special Resolution
Re-appointment of Mr. Subba Rao Veeravenkata Meka (DIN: 07173955) as Managing Director for 5 years
- In Favor: 67 members, 12,945,439 votes (99.998%)
- Against: 17 members, 236 votes (0.002%)
- Invalid: 0 votes
Item No. 4: Special Resolution
Re-appointment of Mr. Bhavanam Ruthvik Reddy (DIN: 08372627) as Whole-Time Director & CEO for 5 years
- In Favor: 66 members, 190,302 votes (99.876%)
- Against: 17 members, 236 votes (0.124%)
- Invalid: 1 member, 11,405,819 votes
Item No. 5: Special Resolution
Approval for Grant of Employee Stock Options to Identified Employee Equal to or Exceeding 1% of Issued Capital
- In Favor: 67 members, 12,945,439 votes (99.998%)
- Against: 17 members, 236 votes (0.002%)
- Invalid: 0 votes
Shareholding Pattern Analysis
Total outstanding shares: 12,946,885
- Promoter and Promoter Group: 12,756,347 shares (98.53%)
- Public-Non Institutions: 190,538 shares (1.47%)
Voting Participation
Total votes polled across all resolutions ranged from 190,538 to 12,946,885 shares, representing 1.47% to 100% of outstanding shares.
Additional Information
The voting results and Scrutinizer's Report are available on the company website: www.Somdattfin.com