Alicon Castalloy voting results declared for 36th AGM
- Alicon Castalloy held its 36th Annual General Meeting on September 28, 2026 at 12 noon
- An ordinary resolution for adoption of the audited standalone Balance Sheet as on March 31, 2026 and Statement of Profit and Loss was put to vote
- Total votes polled stood at 10496500, representing 63.9569% of total outstanding shares of 16411840
- All votes polled were cast in favour of the resolution, with zero votes against across all shareholder categories
- Promoter and Promoter Group participation was 97.1122%, while Public Institutions recorded 96.9539% turnout
*this image is generated using AI for illustrative purposes only.
Alicon Castalloy held its 36th Annual General Meeting on September 28, 2026 at 12 noon, with voting results subsequently declared as per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Resolution passed at the AGM
The meeting considered an ordinary resolution for adoption of the audited standalone Balance Sheet as on March 31, 2026, the Statement of Profit and Loss for the year ended on that date, together with the reports of the Board of Directors and the Auditors thereon. The resolution was passed with 100% votes in favour across all shareholder categories.
Voting results summary
The table below presents the category-wise voting details for the resolution:
| Category | Shares held | Votes polled | % polled on outstanding shares | Votes in favour | Votes against | % in favour | % against |
|---|---|---|---|---|---|---|---|
| Promoter and Promoter Group | 8827699 | 8572775 | 97.1122 | 8572775 | 0 | 100.0000 | 0.0000 |
| Public Institutions | 1961478 | 1901730 | 96.9539 | 1901730 | 0 | 100.0000 | 0.0000 |
| Public Non Institutions | 5622663 | 21995 | 0.3912 | 21995 | 0 | 100.0000 | 0.0000 |
| Total | 16411840 | 10496500 | 63.9569 | 10496500 | 0 | 100.0000 | 0.0000 |
Shareholder participation
Of the total outstanding shares of 16411840, votes totalling 10496500 were polled, representing a turnout of 63.9569%. The Promoter and Promoter Group category recorded the highest participation rate at 97.1122% of their holdings, followed by Public Institutions at 96.9539%. Public Non Institutions recorded a participation rate of 0.3912%. No votes were cast against the resolution in any category, and voting was conducted entirely through the e-voting mode across all participating categories.
Historical Stock Returns for Alicon Castalloy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.12% | -1.82% | +5.81% | +16.52% | -15.00% | -5.37% |
How will the adoption of the FY2026 financials influence Alicon Castalloy's capital expenditure plans for the upcoming fiscal year?
What strategic initiatives are outlined in the Board of Directors' report to address the low participation rate among Public Non-Institutional shareholders?
Given the unanimous approval, what specific dividend payout ratio or buyback proposals are expected for the next financial cycle?
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