Vineet Laboratories Shareholders Approve Independent Director Appointment in EGM
Vineet Laboratories Limited held its Extra-Ordinary General Meeting on February 07, 2026, where shareholders approved the appointment of Ms. Jasmin Kunal Tailor as Independent Director with 99.99% votes in favor. The meeting was conducted via video conferencing with participation from 51 shareholders, and the e-voting process was managed by CDSL with scrutinizer oversight by Mr. Jineshwar Kumar Sankhala from P S Rao & Associates.
*this image is generated using AI for illustrative purposes only.
Vineet Laboratories Limited successfully concluded its Extra-Ordinary General Meeting on February 07, 2026, with shareholders providing overwhelming support for a key board appointment. The meeting, conducted through video conferencing from 11:00 AM to 11:45 AM, focused on a single special resolution regarding the appointment of an Independent Director.
Meeting Overview and Participation
The EGM was held in compliance with regulatory requirements under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Companies Act, 2013. With a record date of January 30, 2026, the company had 10106 total shareholders eligible to participate.
| Meeting Details: | Information |
|---|---|
| Date: | February 07, 2026 |
| Duration: | 11:00 AM to 11:45 AM |
| Mode: | Video Conferencing |
| Record Date: | January 30, 2026 |
| Total Shareholders: | 10106 |
The meeting witnessed participation from 51 shareholders through video conferencing, including 12 from the promoter and promoter group category and 39 from the public category. No shareholders attended the meeting in person or through proxy.
Resolution Details and Voting Results
The sole agenda item was a special resolution for the appointment of Ms. Jasmin Kunal Tailor (DIN: 10794164) as an Independent Director of the company. The promoter and promoter group were not interested in this particular resolution, ensuring independent decision-making by shareholders.
| Voting Category: | Shares Held | Votes Polled | Votes in Favor | Votes Against | Approval Rate |
|---|---|---|---|---|---|
| Promoter Group: | 1149097 | 1147322 | 1147322 | 0 | 100% |
| Public Non-Institutions: | 8069911 | 71972 | 71894 | 78 | 99.89% |
| Public Institutions: | 0 | 0 | 0 | 0 | N/A |
| Total: | 9219008 | 1219294 | 1219216 | 78 | 99.99% |
E-Voting Process and Scrutinizer Report
The voting process was conducted electronically through Central Depository Services Limited (CDSL) platform. Remote e-voting was available from February 04, 2026, at 09:00 AM to February 06, 2026, at 05:00 PM, followed by e-voting facility during the EGM for eligible shareholders.
Mr. Jineshwar Kumar Sankhala from P S Rao & Associates served as the scrutinizer for the meeting. He was appointed by the Board of Directors on January 07, 2026, and submitted his report on February 07, 2026, confirming the validity and transparency of the voting process.
Resolution Outcome
The special resolution was passed with overwhelming support, receiving 1219216 votes in favor representing 99.99% of total valid votes cast. Only 78 votes were cast against the resolution, representing 0.01% of the total. The strong approval rate demonstrates shareholder confidence in the proposed appointment.
| Vote Summary: | Count | Percentage |
|---|---|---|
| Total Valid Votes: | 1219294 | 100% |
| Votes in Favor: | 1219216 | 99.99% |
| Votes Against: | 78 | 0.01% |
| Invalid Votes: | 0 | 0% |
The voting results and scrutinizer's report have been made available on the company's website at www.vineetlabs.co.in and on CDSL's e-voting portal at www.evotingindia.com , ensuring transparency and regulatory compliance.
Historical Stock Returns for Vineet Laboratories
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.39% | -9.09% | -14.98% | -13.29% | -29.91% | -23.01% |
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