Thakkers Developers shareholders approve all AGM resolutions unanimously
- All five AGM resolutions passed with 100% approval from 83,23,473 valid votes
- Vidhi Rishabh Shah appointed as Director; Ashok Surana as Secretarial Auditor
- Zero votes cast against any resolution during e-voting or polling
- E-voting open from September 26 to September 29, 2026
*this image is generated using AI for illustrative purposes only.
Thakkers Developers Ltd shareholders unanimously approved all five ordinary resolutions passed at its 39th Annual General Meeting held on September 30, 2026. The scrutinizer’s report submitted on October 1, 2026, confirmed that every resolution received 100% support from the total valid votes cast.
The meeting, chaired by Jitendra Manohardas Thakker, was conducted via Video Conferencing to comply with Ministry of Corporate Affairs circulars. The requisite quorum was present, allowing the Chairman to call the meeting to order. The virtual format ensured stakeholders could participate remotely while maintaining regulatory compliance.
Voting Results Breakdown
The scrutinizer, Ashok Surana, reported that a total of 83,23,473 votes were cast in favour of all resolutions, with zero votes against and no invalid votes. The voting was split between remote e-voting and electronic polling during the meeting.
| Resolution | Members Voted (E-Voting) | Votes Cast (E-Voting) | Members Voted (Polling) | Votes Cast (Polling) | Total Valid Votes | Approval % |
|---|---|---|---|---|---|---|
| Adoption of FY26 Financials | 74 | 66,13,298 | 11 | 17,10,175 | 83,23,473 | 100% |
| Re-appointment of Jitendra Thakker | 74 | 66,13,298 | 11 | 17,10,175 | 83,23,473 | 100% |
| Re-appointment of Narendra Thakker | 74 | 66,13,298 | 11 | 17,10,175 | 83,23,473 | 100% |
| Appointment of Ashok Surana as Auditor | 74 | 66,13,298 | 11 | 17,10,175 | 83,23,473 | 100% |
| Appointment of Vidhi Rishabh Shah | 74 | 66,13,298 | 11 | 17,10,175 | 83,23,473 | 100% |
Resolutions Passed
Members considered and approved several ordinary resolutions covering financial statements and board composition. The key resolutions are detailed below:
| Sr. No. | Resolution Type | Particulars |
|---|---|---|
| 1 | Ordinary Resolution | Adoption of Financial Statement for FY26 |
| 2 | Ordinary Resolution | Re-appointment of Jitendra Manohardas Thakker (DIN: 00082860) |
| 3 | Ordinary Resolution | Re-appointment of Narendra Manohardas Thakker (DIN: 00083224) |
| 4 | Ordinary Resolution | Appointment of Ashok Surana as Secretarial Auditor for 5 years |
| 5 | Ordinary Resolution | Appointment of Vidhi Rishabh Shah as Director (DIN: 07957337) |
New Appointments and Disclosures
The shareholders approved the appointment of Ashok Surana, a Peer Reviewed Practicing Company Secretary, as the Secretarial Auditor for a term of five consecutive financial years, commencing from FY27 till FY31. Surana possesses experience in secretarial audit, corporate laws, SEBI regulations, and listing compliances.
Additionally, Vidhi Rishabh Shah was appointed as a Director liable to retire by rotation. She brings experience in real estate, investment strategy, business development, and legal aspects of real estate. The company disclosed that Mrs. Shah is related to Mr. Narendra Manohardas Thakker, a Director of the company. She is not debarred from holding the office of Director by any order of SEBI or other authorities.
Governance and Voting Details
The company provided a remote e-voting facility for members to cast their votes electronically. This facility was open from September 26, 2026, at 9:00 am IST to September 29, 2026, at 5:00 pm IST. For members participating directly in the meeting who had not voted remotely, an electronic polling system was available during the session.
Ashok Surana, serving in his capacity as a practicing company secretary, was appointed as the scrutinizer to oversee the remote e-voting process. The e-voting results were unblocked on September 29, 2026, around 6:00 pm in the presence of two witnesses not employed by the company. The results were downloaded from the CDSL e-voting website.
The AGM concluded at 12:20 pm, with the electronic voting window remaining open for an additional 10 minutes post-meeting to accommodate last-minute votes. The company has now formally intimated the voting results to the stock exchanges via the scrutinizer's report.
Historical Stock Returns for Thakkers Developers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +5.97% | +4.49% | +3.68% | +3.68% | +3.68% |
How will Vidhi Rishabh Shah's background in real estate investment strategy influence Thakkers Developers' upcoming project pipeline and capital allocation?
What specific governance reforms or compliance enhancements are expected from the five-year tenure of Ashok Surana as Secretarial Auditor?
Given the unanimous approval and family-related director appointments, how might this consolidated control impact minority shareholder interests in future strategic decisions?
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