Techindia Nirman AGM Rejects All Five Resolutions

Techindia Nirman's 45th AGM held on May 5, 2026, failed to pass all five proposed resolutions due to lack of requisite majority.
Shareholders rejected adoption of FY25 financial statements, appointment of auditors, and reappointment of two independent directors.
Public non-institutional shareholders voted overwhelmingly against all resolutions (99.49% against), while promoters voted 100% in favor.
Consequently, two independent directors and the statutory auditor ceased their roles, and the board composition is non-compliant with SEBI LODR.