Swasti Vinayaka Art & Heritage Corporation disclosed the detailed voting results and scrutinizer's report for its 40th Annual General Meeting (AGM) held on September 28, 2026. While all five proposed resolutions were passed, the data reveals a significant divergence in shareholder sentiment, with public shareholders casting substantial votes against special resolutions regarding loans and related party transactions.

Voting patterns reveal public dissent

The company submitted the consolidated results to BSE Limited pursuant to SEBI (LODR) Regulations, 2015. The meeting, conducted via video conferencing, saw participation from 34 shareholders through VC/OAVM. No shareholders attended in person or through proxy.

While the promoter group held 51% of the total outstanding shares (45,900,000 shares) and voted unanimously in favour of the financial statements, director reappointment, and loan approvals, the public non-institutional shareholders (holding 44,100,000 shares) registered notable opposition. For the special resolution to grant a loan under Section 185 of the Companies Act, 2013, 43.69% of the votes polled by public shareholders were cast against the resolution.

Resolution-wise voting details

The following table summarizes the voting outcome for the five resolutions passed at the AGM:

Note: Percentages are based on total valid votes polled across all categories.

Scrutinizer's report highlights

Sandeep Dar, Proprietor of M/s. Sandeep Dar & Co., served as the scrutinizer. His report confirmed that no invalid votes were found during the scrutiny of remote e-voting and e-voting at the AGM. The remote e-voting period was open from September 24, 2026, to September 27, 2026.

For the ordinary resolution on material related party transactions, the promoter group did not vote as they were interested in the agenda item. Consequently, the result relied entirely on public shareholder votes, where 56.35% voted in favour and 43.65% voted against.

What the numbers show

The voting data highlights a concentration of control and a clear divide between promoter and minority shareholder interests. Promoters, holding 51% of equity, voted 100% in favour of all resolutions where they were permitted to vote. In contrast, public shareholders voted against the special resolutions concerning loans and guarantees at rates exceeding 43%. This indicates that while the promoter majority ensured the passage of all items, nearly half of the participating public capital expressed dissent on the company's financial arrangements and related party dealings.

Swasti Vinayaka Art and Heritage Corporation Limited has closed its trading window for designated persons effective October 1, 2026. This restriction applies until 48 hours after the declaration of financial results for the quarter and half year ended September 30, 2026.

Regulatory compliance and timeline

The company issued the intimation to BSE Limited on September 24, 2026. The closure is mandated under the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended. It also adheres to stock exchange circulars and the company's internal code of practices for fair disclosure of unpublished price sensitive information.

The trading window remains closed for Designated Persons and their immediate relatives. This ensures no insider dealing occurs during the sensitive period preceding the release of un-audited financial results.

Board meeting schedule

Swasti Vinayaka stated that the date of the board meeting to consider and approve the aforesaid financial results will be intimated to the stock exchange in due course. Investors should monitor official announcements for the specific meeting date.

Key dates and restrictions