Worth Investment & Trading Co Ltd passed all five resolutions proposed at its 46th Annual General Meeting held on September 30, 2026. The meeting was conducted via video conferencing and other audio-visual means, with voting results disclosed to the BSE under SEBI (LODR) Regulations.

The ordinary resolutions included the adoption of financial statements for FY26 and the re-appointment of director Archana Pramod Wani. Special resolutions approved an increase in borrowing limits under Section 180(1)(c) and enhanced board powers under Section 180(1)(a) of the Companies Act, 2013.

Voting participation details

The company had 15,008 shareholders on the record date of September 23, 2026. Voting was conducted through remote e-voting via NSDL and electronic voting at the meeting. No shareholders attended in person or through proxy, while two promoters and 33 public shareholders participated via video conferencing.

Promoter influence on outcomes

Promoters and promoter group held 211,301,446 shares out of a total outstanding count of 370,717,000. They cast votes for 167,961,441 shares, representing approximately 79.49% of total votes polled across all resolutions. Public non-institutional shareholders voted 17,400,460 shares, accounting for roughly 10.92% of the total votes.

What the numbers show

The voting data reveals that promoter group holdings constitute 57% of the total outstanding shares (211,301,446 / 370,717,000). Given that promoters voted 167,961,441 shares against a total poll of 185,361,901, their voting power alone exceeded the simple majority threshold for ordinary resolutions and the special majority requirement for special resolutions. Consequently, the outcome of all five resolutions was mathematically determined by the promoter block, rendering the dissenting votes from public shareholders (ranging from 720 to 903 votes) immaterial to the final result.

Promoter group entity Nimit Impex Private Limited sold 91,49,212 shares of Worth Investment & Trading Company Ltd in the open market between September 4 and September 9, 2026. The transaction reduces its stake to 3.94%.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing details the reduction in holding from 6.41% to 3.94% following the series of off-market sales.

Transaction Details

Nimit Impex executed the sales across four trading days in early September 2026. The average sale price ranged between ₹3.65 and ₹3.75 per share.

The total equity share capital of Worth Investment remains unchanged at Rs. 37,07,17,000, comprising 37,07,17,000 equity shares of Rs 1/- each.

What the Numbers Show

The data reveals a concentrated exit strategy by the promoter group. The largest single-day sale occurred on September 7, accounting for nearly 44% of the total shares divested during this period. This suggests a deliberate effort to reduce exposure quickly rather than a gradual tapering of holdings over time.