Vrundavan Plantation shareholders approve all AGM resolutions
- Shareholders approved all four AGM resolutions with 100% support
- Participation rate stood at 70.47% with 21 members voting
- Ms. Malvika Jagani re-appointed as Independent Director for five years
- Term runs from April 24, 2026, to April 23, 2031
*this image is generated using AI for illustrative purposes only.
Vrundavan Plantation shareholders approved all four resolutions at its fourth annual general meeting held on September 15, 2026. The meeting, conducted in Ahmedabad, saw unanimous support for financial statements, auditor re-appointment, and board changes.
The company provided e-voting facilities to shareholders, with the remote voting period running from September 12 to September 14, 2026. A total of 21 members cast votes, representing 4,362,000 shares out of the 6,189,600 total outstanding shares as on the record date of September 8, 2026. This translates to a participation rate of approximately 70.47%.
Resolution Outcomes
All items on the agenda were passed with 100% support from the voting members. No votes were cast against any resolution, and there were no invalid votes recorded.
| Resolution Item | Type | Outcome | Votes In Favour | Votes Against |
|---|---|---|---|---|
| Adoption of Financial Statements | Ordinary | Passed | 4,362,000 | 0 |
| Re-appointment of Auditors | Ordinary | Passed | 4,362,000 | 0 |
| Re-appointment of Director Vishal Tiwari | Ordinary | Passed | 4,362,000 | 0 |
| Appointment of Independent Director Malvika Jagani | Special | Passed | 4,362,000 | 0 |
Board and Governance Updates
The shareholders re-appointed Mr. Vishal Tiwari (DIN: 08530704) as a director following his retirement by rotation. Additionally, the company appointed Ms. Malvika Jagani (DIN: 11409166) as a Non-Executive Independent Director through a special resolution.
Ms. Jagani has been re-appointed for a second consecutive term of five years, commencing from April 24, 2026, and ending on April 23, 2031. This appointment is subject to the applicable provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Detailed information regarding this appointment was previously disseminated in disclosures dated April 24, 2026, and August 18, 2026.
Sonu Jain & Co., represented by Practicing Company Secretary Sonu Jain, served as the scrutinizer for the meeting. The scrutinizer confirmed that the voting process complied with Section 108 of the Companies Act, 2013 and SEBI LODR Regulations.
Historical Stock Returns for Vrundavan Plantation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | +10.12% | 0.0% | -64.14% |
How is the appointment of Ms. Malvika Jagani as an Independent Director expected to influence Vrundavan Plantation's corporate governance and strategic oversight?
What specific operational or financial targets has management outlined for the upcoming fiscal year following the unanimous approval of the financial statements?
Given the 70.47% shareholder participation rate, does this indicate a shift in investor sentiment or engagement levels compared to previous annual general meetings?
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