Kizi Apparels shareholders unanimously approve FY26 financials, MD reappointment
- Shareholders unanimously approved FY26 financials and MD reappointment at the 4th AGM
- Total votes polled reached 53,45,300, representing 52.8% of outstanding shares
- Promoters cast 45,02,300 votes, accounting for 75% participation of their holdings
- Public non-institutional shareholders showed lower engagement with 20.5% participation
- No votes were cast against any of the three ordinary resolutions considered
*this image is generated using AI for illustrative purposes only.
Kizi Apparels concluded its fourth annual general meeting on September 18, 2026, with shareholders unanimously approving the adoption of standalone financial results for the year ended March 31, 2026.
The Board’s report and statutory auditor’s report contained no qualifications or adverse remarks. The meeting was held via video conferencing.
Key Resolutions Passed
Shareholders approved ordinary resolutions for the adoption of financials and the reappointment of Mr. Abhishek Nathani as Managing Director. He retires by rotation but remains eligible for re-election. Approval was also granted for material related-party transactions for FY27.
| Agenda Item | Resolution Type | Status |
|---|---|---|
| Adoption of FY26 Financial Statements | Ordinary | Approved |
| Reappointment of Abhishek Nathani (MD) | Ordinary | Approved |
| Approval of Material Related-Party Transactions (FY27) | Ordinary | Approved |
Voting Results
The scrutinizer’s report filed with BSE Limited indicates that out of 324 shareholders on the record date of September 11, 2026, only 20 members voted. All three resolutions received 100% support from the votes cast.
Total votes polled stood at 53,45,300, representing 52.8% of the outstanding shares held by eligible shareholders. No votes were cast against any resolution, and there were no invalid votes or abstentions.
Participation Breakdown
Promoters and the promoter group held 60,02,800 shares and cast 45,02,300 votes, accounting for approximately 84% of the total votes polled. This reflects a participation rate of 75% among promoter-held shares.
Public non-institutional shareholders held 41,20,400 shares but cast only 8,43,000 votes, resulting in a participation rate of roughly 20.5%. Public institutional shareholders did not participate in the voting process.
| Category | Shares Held | Votes Polled | % of Outstanding |
|---|---|---|---|
| Promoter and Promoter Group | 60,02,800 | 45,02,300 | 75.00% |
| Public - Non Institutions | 41,20,400 | 8,43,000 | 20.46% |
| Public - Institutions | 0 | 0 | 0% |
| Total | 10,12,32,00 | 53,45,300 | 52.80% |
Governance and Compliance
The statutory audit was conducted by M/s. D G M S & Co., while M/s. Jinang Shah & Associates served as the secretarial auditor and scrutinizer. The Company Secretary confirmed that e-voting commenced on September 15, 2026, and closed on September 17, 2026, in compliance with SEBI Listing Regulations.
Chairman and Managing Director Abhishek Nathani addressed members on industry trends and company performance for FY25-26. No specific financial figures were disclosed during the proceedings.
Historical Stock Returns for Kizi Apparels
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.57% | -2.23% | 0.0% | 0.0% | +10.06% | -27.98% |
What specific growth strategies or capital allocation plans has Kizi Apparels outlined for FY27 following the approval of material related-party transactions?
How might the low participation rate of public non-institutional shareholders (20.5%) impact future corporate governance dynamics or shareholder activism at the company?
Given the absence of institutional investor voting, are there indications of potential institutional interest or changes in the promoter's stake structure in the coming quarters?
18
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
