Bhagyanagar Properties (Delisted) MD, chairman, board of directors and AGM

BSE: 540621Commercial Services & Supplies

Last traded ₹42.15 on 9 Dec 2022

Delisted on 19 Dec 2022.

Bhagyanagar Properties AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Bhagyanagar Properties share news and announcements

Annual general meeting, 29 Sep 2022

Present: 18 promoters and 64 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:na) the Audited Financial Statements of the Company for the financial year ended 31st March, 2022, together with the Reports of the Board of Directors and the auditors thereon; andnb) the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2022, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.48%

    Turnout: all 90.99% · promoters 100.00% · institutions 0.00% · other public 1.30%

  2. To appoint a Director in place of Shri Manish Suranan(DIN: 00014373), who retires by rotation and beingneligible, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.48%

    Turnout: all 90.99% · promoters 100.00% · institutions 0.00% · other public 1.30%

  3. To re-appoint M/s. Luharuka & Associates, CharterednAccountants as Statutory Auditors of the Company andnto fix their remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.19%

    Turnout: all 90.99% · promoters 100.00% · institutions 0.00% · other public 1.30%

  4. Approval of Related Party Transactions
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.52%

    Turnout: all 90.99% · promoters 100.00% · institutions 0.00% · other public 1.30%

  5. Approval to advance any loan/give guarantee/nprovide security u/s 185 of the Companies Act,n2013
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.52%

    Turnout: all 90.99% · promoters 100.00% · institutions 0.00% · other public 1.30%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 28 May 2022, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for Voluntary Delisting of equity shares of the Company having face value of Rs. 2/- (Rupees Two only) each ('Equity Shares') of Bhagyanagar Properties Limited ('Company') from BSE Limited and National Stock Exchange of India Limited, where presently the Equity Shares of the Company are listed, in accordance with thenSecurities and Exchange Board of lndia (Delisting of Equity Shares) Regulations, 2021MoreLess
    SpecialPromoters have an interest in it
    98.45% for1.55% against

    Against: promoters 0.00% · institutions 100.00% · other public 5.52%

    Turnout: all 83.92% · promoters 100.00% · institutions 98.10% · other public 33.45%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Mar 2022, 3 resolutions

The company's voting result (opens in a new tab)

  1. To increase in threshold of loans/ guarantees, providing of securities and making of investments in securitiesnunder section 186 of the Companies Act, 2013
    Special
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.04%

    Turnout: all 81.15% · promoters 100.00% · institutions 0.00% · other public 25.48%

  2. To approve related party transactions
    OrdinaryPromoters have an interest in it
    95.96% for4.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.04%

    Turnout: all 6.15% · promoters 0.00% · institutions 0.00% · other public 25.48%

  3. Approval to advance any loan/give guarantee/provide security u/s 185 of the Companies Act, 2013:n
    Special
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.04%

    Turnout: all 81.15% · promoters 100.00% · institutions 0.00% · other public 25.48%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2021, 7 resolutions

Present: 23 promoters and 62 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt:na) the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2021, together with the Reports of the Board of Directors and the auditors thereon; andnb) the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2021, together with the Report of the Auditors thereon.nMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 17.61%

  2. To appoint a Director in place of Shri Narender Surana (DIN: 00075086), who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.89%

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 17.61%

  3. Appointment of Shri N. Krupakar Reddy (DIN: 00006580) as Director of the Company
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.89%

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 17.61%

  4. Re-appointment of Shri Srinagesh Boorugu (DIN: 00929331) as an Independent Director for second term of five consecutive years
    Special
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.89%

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 17.61%

  5. To approve the overall limits u/s 186 for Loans/ Guarantees / Securities / Investments by the company
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.04%

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 17.61%

  6. To ratify and approve the Related Party Transactions
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.04%

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 17.61%

  7. Approval for giving Loans, providing Guarantee or Security u/s. 185 of the Companies Act, 2013
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.04%

    Turnout: all 79.25% · promoters 100.00% · institutions 0.00% · other public 17.61%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 27 Mar 2021, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for Voluntary Delisting of the Equity Shares of the Company from the BSE Limited “BSE” and the National Stock Exchange of India Limited “NSE”.
    SpecialPromoters have an interest in it
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.67%

    Turnout: all 86.30% · promoters 100.00% · institutions 0.00% · other public 46.82%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2020, 6 resolutions

Present: 19 promoters and 34 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt: a) the Audited Financial Statements of the Company for the financial year ended 31st March, 2020, to gether with the Reports of the Board of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended 31st March, 2020, together with the Report of the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 78.15% · promoters 100.00% · institutions 0.00% · other public 13.05%

  2. To appoint a Director in place of Shri Devendra Surana (DIN: 00077296), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 78.15% · promoters 100.00% · institutions 0.00% · other public 13.05%

  3. Appointment of Shri Manish Surana (DIN: 00014373) as Director of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 78.15% · promoters 100.00% · institutions 0.00% · other public 13.05%

  4. To ratify and approve the Related Party Transactions.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 77.91% · promoters 100.00% · institutions 0.00% · other public 12.07%

  5. Approval for giving Loans. Providing Guarantee or Security under Section 185 of the Companies Act, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 77.91% · promoters 100.00% · institutions 0.00% · other public 12.07%

  6. To lease/sell/transfer/convey/assign or otherwise dispose off the undertaking under Section 180 (1)(a) of the Companies Act, 2013.
    Special
    99.70% for0.30% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.48%

    Turnout: all 78.15% · promoters 100.00% · institutions 0.00% · other public 13.05%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 21 Sep 2019, 8 resolutions

Present: 21 promoters and 48 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2019 together with the reports of the Directors and Auditors thereon:
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 78.37% · promoters 100.00% · institutions 0.00% · other public 13.96%

  2. Re-appointment of Shri Narender Surana who retires by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 78.37% · promoters 100.00% · institutions 0.00% · other public 13.96%

  3. To ratify the appointment of Ms Shresha Surana as Whole-time Director of the Company:
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 78.37% · promoters 100.00% · institutions 0.00% · other public 13.96%

  4. To approve and ratify the payment of remuneration to Shri Narender Surana, Non-Executive Director of the Company:
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 78.37% · promoters 100.00% · institutions 0.00% · other public 13.96%

  5. Appointment of Mrs Sanjana Jain as an Independent Director of the Company:
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 78.37% · promoters 100.00% · institutions 0.00% · other public 13.96%

  6. Appointment of Shri Devendra Surana as Whole-time Director of the Company:
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 78.37% · promoters 100.00% · institutions 0.00% · other public 13.96%

  7. To ratify and approve the Related Party Transactions of the Company:
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 78.37% · promoters 100.00% · institutions 0.00% · other public 13.96%

  8. To raise funds through issue of Shares/Convertible Securities/ADR/GDR/ FCCB's/ECB's etc.:
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 78.37% · promoters 100.00% · institutions 0.00% · other public 13.96%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Sep 2018, 12 resolutions

Present: 25 promoters and 30 others.The company's voting result (opens in a new tab)

  1. Item No.1: Adoption of Audited Financial Statements of the Company (including consolidated financial statements) for the financial year ended 31st March, 2018 together with the reports of the Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.06%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  2. Item No.2: Re-appointment of Shri Devendra Surana who retires by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  3. Item No.3: Appointment of Shri D.Venkata Subbaiah as Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  4. Item No.4: Appointment of Dr R.N.Sreenath, as Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  5. Item No.5: Appointment of Ms. Shresha Surana as Non-Executive Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  6. Item No.6: To approve the overall limits u/s 186 for Loans/Guarantees/Securities/Investments by the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.09%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  7. Item No.7: Approval for giving of Loans, providing Guarantee or Security u/s 185 of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  8. Item No.8: To approve the overall Borrowing Limits u/s 180(1)(c) of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  9. Item No.9: To approve the limits u/s 180(1)(a) of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  10. Item No.10: To raise funds through issue of Shares/Convertible Securities/ADR/GDR/FCCB’s/ ECB’S etc.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  11. Item No.11: To approve and ratify the remuneration of Cost Auditors for the Financial year 2018-19
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

  12. Item No.12: Approval of charges for service of documents on the shareholders
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 76.68% · promoters 100.00% · institutions 0.00% · other public 6.98%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.