Seemax Resources submits AGM voting results; all resolutions pass
- Both ordinary resolutions at Seemax Resources' 10th AGM passed with 100% votes in favour
- Total votes polled stood at 3,009,970 shares, representing 68.41% of total shareholding
- Promoters voted 2,999,970 shares in favour, while public non-institutions voted 10,000 shares
- Voting results for FY26 financial adoption and director re-appointment were formally submitted
*this image is generated using AI for illustrative purposes only.
Seemax Resources Limited submitted the voting results of its 10th Annual General Meeting to the stock exchanges on September 25, 2026. The meeting, held via Video Conferencing on September 23, 2026, saw both ordinary resolutions passed unanimously by the shareholders who voted.
The proceedings commenced at 5:03 pm and concluded at 5:09 pm, chaired by Amit Naldev Trivedi, Managing Director. He confirmed the presence of the requisite quorum before calling the meeting to order. During the session, the Chairman delivered a speech and provided an oral presentation regarding the company's performance.
Resolutions considered
The members considered two ordinary resolutions as outlined in the notice convening the meeting. The first resolution pertained to the adoption of the company's financial health documents for FY26. The second addressed the continuation of board leadership through the re-appointment of a director retiring by rotation.
| Resolution | Particulars | Nature |
|---|---|---|
| 1 | Adoption of audited financial statements, profit and loss account, cash flow statement, and reports of the Board and Auditors for FY26 | Ordinary |
| 2 | Appointment of Srinivasan Venkateshmurthi in place of himself, who retires by rotation | Ordinary |
Voting details
The voting results indicate that promoters and promoter group held 2,999,990 shares, while public non-institutions held 1,400,010 shares. Out of a total outstanding share capital of 4,400,000 shares, votes were polled on 3,009,970 shares, representing 68.41% of the total shareholding.
For both resolutions, there were 0 votes against. The promoter group voted 2,999,970 shares in favour, while public non-institutions voted 10,000 shares in favour. No votes were cast by public institutions or through postal ballot.
| Category | Shares Held | Votes Polled | Votes In Favour | Votes Against |
|---|---|---|---|---|
| Promoter and Promoter Group | 2,999,990 | 2,999,970 | 2,999,970 | 0 |
| Public - Institutions | 0 | 0 | 0 | 0 |
| Public - Non Institutions | 1,400,010 | 10,000 | 10,000 | 0 |
| Total | 4,400,000 | 3,009,970 | 3,009,970 | 0 |
Scrutinizer and compliance
Mr. Jay Pandya, a Company Secretary from Jay Pandya & Associates, served as the scrutinizer for the meeting. He was appointed by the Board on September 1, 2026, and issued his report to the company on September 25, 2026. The consolidated results were announced within two working days as required, ensuring compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Chairman thanked the members for their participation and declared the meeting closed. This disclosure follows the initial announcement made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.
Historical Stock Returns for Seemax Resources
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | +0.99% | -62.41% | -62.41% | -62.41% |
How will the unanimous approval of FY26 financial statements influence Seemax Resources' upcoming capital allocation or dividend policy?
What strategic initiatives did the Managing Director highlight in the oral presentation that might drive growth in the next fiscal year?
Given the low public participation (10,000 shares voted), what measures is the company planning to enhance retail investor engagement in future AGMs?
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