Arkade Developers Limited successfully held its 39th Annual General Meeting (AGM) on September 24, 2025, where shareholders approved all resolutions with significant support. The meeting was conducted via video conferencing, adhering to regulatory guidelines.
Key resolutions included the adoption of audited financial statements, the re-appointment of a director, and the ratification of the cost auditors' remuneration. The voting results, scrutinized by AVS & Associates, indicated strong shareholder confidence in the company's strategic direction.
Voting Details and Results
The resolutions were passed with near unanimous support, demonstrating a consensus among the shareholders. Here’s a detailed breakdown of the resolutions and their outcomes:
Category Mode of Voting Votes in Favor Votes Against % of Votes in Favor % of Votes Against Promoter and Promoter Group E-voting 12,90,99,848 0 100.00 0.00 Public Institutions E-voting 2,33,522 0 100.00 0.00 Public-Non Institutions E-voting 2,05,71,506 2,937 99.98 0.02 Total 14,99,11,123 2,937 100.00 0.00 Category Mode of Voting Votes in Favor Votes Against % of Votes in Favor % of Votes Against Promoter and Promoter Group E-voting 12,90,99,848 0 100.00 0.00 Public Institutions E-voting 2,33,522 0 100.00 0.00 Public-Non Institutions E-voting 2,05,71,504 2,939 99.98 0.02 Total 14,99,11,121 2,939 100.00 0.00 Category Mode of Voting Votes in Favor Votes Against % of Votes in Favor % of Votes Against Promoter and Promoter Group E-voting 12,90,99,848 0 100.00 0.00 Public Institutions E-voting 2,33,522 0 100.00 0.00 Public-Non Institutions E-voting 2,05,71,506 2,937 99.98 0.02 Total 14,99,11,123 2,937 100.00 0.00 Category Mode of Voting Votes in Favor Votes Against % of Votes in Favor % of Votes Against Promoter and Promoter Group E-voting 12,90,99,848 0 100.00 0.00 Public Institutions E-voting 2,33,522 0 100.00 0.00 Public-Non Institutions E-voting 2,05,69,368 4,937 99.98 0.02 Total 14,99,06,745 7,177 99.99 0.00 Category Mode of Voting Votes in Favor Votes Against % of Votes in Favor % of Votes Against Promoter and Promoter Group E-voting 12,90,99,848 0 100.00 0.00 Public Institutions E-voting 2,33,522 0 100.00 0.00 Public-Non Institutions E-voting 2,05,71,366 2,939 99.99 0.01 Total 14,99,10,983 2,939 100.00 0.00 Category Mode of Voting Votes in Favor Votes Against % of Votes in Favor % of Votes Against Promoter and Promoter Group E-voting 12,90,99,848 0 100.00 0.00 Public Institutions E-voting 34,878 1,98,644 14.94 85.06 Public-Non Institutions E-voting 2,05,71,028 3,062 99.99 0.01 Total 14,97,09,761 2,03,946 99.86 0.14
The successful passage of these resolutions underscores the shareholders' alignment with the company's management and its strategic objectives.
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