Raj TV Network 32nd AGM resolutions pass with 83.88% votes polled
- All four resolutions at Raj Television Network's 32nd AGM on September 30, 2026 were passed with requisite majority
- Total votes polled stood at 43,542,775, representing 83.88% of outstanding shares of 51,913,344
- Each resolution received 43,541,065 votes in favour (99.97%) and 1,710 votes against (0.03%); no invalid votes were recorded
- Promoter and promoter group voted 100% of their 36,839,908 shares in favour of all resolutions
- Resolutions covered adoption of FY26 financial statements, re-appointment of M Ragunathan as director, ratification of cost auditor remuneration, and re-appointment of Bharathi Sridhar as Independent Director for a second term of five years
*this image is generated using AI for illustrative purposes only.
Raj Television Network Limited completed e-voting for its 32nd Annual General Meeting held on September 30, 2026, with all four resolutions passed with requisite majority and a total voter turnout of 83.88% of outstanding shares.
The AGM, conducted via video conferencing, was attended by 5 promoter and promoter group members and 41 public shareholders. Of the 9,938 shareholders on record as of the cut-off date of September 23, 2026, notices were dispatched to 8,784 shareholders via email on September 4, 2026. Remote e-voting commenced on September 26, 2026 at 9:00 am and closed on September 29, 2026 at 5:00 pm, with the facility also available during the AGM from 11:00 am to 11:45 am. The e-voting platform was provided by Central Depository Services Limited (CDSL) under E-Voting Event Number 260902092.
AGM attendance and shareholder base
The paid-up equity share capital of the company as on the cut-off date comprised 5,19,13,344 equity shares of ₹5 each. Voting rights were frozen on 464 equity shares lying in the Raj Television Network Limited Unclaimed Suspense Account and on 536,892 shares transferred to the demat account of the Investor Education and Protection Fund Authority. No voting rights were exercised in respect of these frozen shares.
| Parameter | Details |
|---|---|
| AGM date | September 30, 2026 |
| Total shareholders on record date | 9,938 |
| Shareholders attended via video conferencing (Promoter & Promoter Group) | 5 |
| Shareholders attended via video conferencing (Public) | 41 |
| Remote e-voting period | September 26 to September 29, 2026 |
| Total shares outstanding | 51,913,344 |
| Total votes polled | 43,542,775 |
| Votes polled as % of outstanding shares | 83.88% |
Voting results for all four resolutions
All three ordinary resolutions and one special resolution were passed with requisite majority. No invalid votes were recorded across any of the four resolutions. The consolidated voting data, as verified by scrutinizer Raja & Associates, Company Secretaries, is presented below.
| Resolution | Type | Votes in favour | Votes against | % in favour |
|---|---|---|---|---|
| 1. Adoption of audited financial statements for FY26 | Ordinary | 43,541,065 | 1,710 | 99.97% |
| 2. Re-appointment of M Ragunathan as director liable to retire by rotation | Ordinary | 43,541,065 | 1,710 | 99.97% |
| 3. Ratification of cost auditor remuneration for FY ending March 31, 2027 | Ordinary | 43,541,065 | 1,710 | 99.97% |
| 4. Re-appointment of Bharathi Sridhar as Independent Director for second term of 5 years | Special | 43,541,065 | 1,710 | 99.97% |
Category-wise voting breakdown
The promoter and promoter group, holding 36,839,908 shares, cast 100% of their votes in favour across all four resolutions. Public institutional shareholders, holding 10,500 shares, did not exercise any voting rights. Public non-institutional shareholders, holding 15,062,936 shares, polled 6,702,867 votes, representing 44.5% of their holdings, with 99.97% in favour and 0.03% against on each resolution.
Meeting proceedings
Mr. M Raajhendhran, Chairman and Managing Director, briefed members on the company's performance and future endeavors during FY26. The meeting commenced at 11:00 am and concluded at 11:45 am, including 15 minutes allocated for the e-voting process. The consolidated Scrutinizer's Report was submitted by Raja & Associates on October 1, 2026 and countersigned by Priyanka Mudaliyar, Company Secretary and Compliance Officer, before being disseminated to the stock exchanges.
Historical Stock Returns for Raj TV Network
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.43% | -16.41% | -9.81% | -66.85% | -80.71% | -77.43% |
What specific strategic initiatives or growth targets did Chairman M Raajhendhran outline for FY27 during the AGM briefing?
How will the re-appointment of Bharathi Sridhar as Independent Director for a second term influence the company's upcoming governance reforms or board dynamics?
Given the 44.5% voting participation by public non-institutional shareholders, what steps is Raj Television Network taking to enhance broader retail investor engagement in future meetings?
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