Metalyst Forgings (Delisted) MD, chairman, board of directors and AGM

BSE: 513335Auto Components

Formerly Ahmednagar Forgings

Last traded ₹4.05 on 17 May 2024

Delisted on 26 Mar 2025.

Metalyst Forgings 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.Metalyst Forgings share news and announcements

Annual general meeting, 11 Dec 2023

Present: 1 promoter and 43 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements of the company for the financial year ended on march 31st, 2023, the reports of the board of directors and auditors thereon.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.97%

    Turnout: all 4.16% · promoters 6.74% · institutions 0.00% · other public 0.06%

  2. Ratification of remuneration of Cost Auditors.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.97%

    Turnout: all 4.16% · promoters 6.74% · institutions 0.00% · other public 0.06%

  3. Approve Related Party Transactions.
    OrdinaryPromoters have an interest in it
    98.03% for1.97% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.97%

    Turnout: all 0.05% · promoters 0.00% · institutions 0.00% · other public 0.06%

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 Nov 2022, 3 resolutions

Present: 0 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements of the company for the financial year ended on march 31st, 2022, the reports of the board of directors and auditors there on and in this regard, pass the an ordinary resolution(s)MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 4.37% · promoters 6.74% · institutions 0.00% · other public 0.60%

  2. Ratification of remuneration to be paid to cost auditors of the company for the financial year 2022-23.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 4.37% · promoters 6.74% · institutions 0.00% · other public 0.60%

  3. To consider and approve related party transactions and if thought fit, to pass, with or without modification(s) for the Financial Year 2022-23
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 4.37% · promoters 6.74% · institutions 0.00% · other public 0.60%

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, 1 Aug 2022, 4 resolutions

Present: 0 promoters and 53 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statements of the company for the financial year ended on march 31st, 2021, the reports of the board of directors and auditors there on and in this regard, pass the following resolution(s) as an ordinary resolution(s)MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 4.15% · promoters 6.74% · institutions 0.00% · other public 0.04%

  2. Appointment of statutory auditor for the term of 5 (five) years from financial year 2021-2022 till financial year 2025-2026
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 4.15% · promoters 6.74% · institutions 0.00% · other public 0.04%

  3. Ratification of remuneration to be paid to cost auditors of the company for the financial year 2021-22
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 4.15% · promoters 6.74% · institutions 0.00% · other public 0.04%

  4. To consider and approve related party transactions and if thought fit, to pass, with or without modification(s)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 4.15% · promoters 6.74% · institutions 0.00% · other public 0.04%

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, 26 Feb 2021, 5 resolutions

Present: 1 promoter and 41 others.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED ON MARCH 31st, 2020, THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.97%

    Turnout: all 61.33% · promoters 100.00% · institutions 0.00% · other public 0.02%

  2. APPOINTMENT OF STATUTORY AUDITORS TO FILL CASUAL VACANCY.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.97%

    Turnout: all 61.33% · promoters 100.00% · institutions 0.00% · other public 0.02%

  3. RATIFICATION OF REMUNERATION TO BE PAID TO COST AUDITORS OF THE COMPANY FOR THE FINANCIAL YEAR 2020-21
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 13.97%

    Turnout: all 61.33% · promoters 100.00% · institutions 0.00% · other public 0.02%

  4. SERVICE DELIVERY OF DOCUMENTS OF THE COMPANY BY POST OR BY REGISTERED POST OR BY SPEED POST OR BY COURIER OR BY SUCH ELECTRONIC OR OTHER MODE AS PRESSCRIBED
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 36.86%

    Turnout: all 61.33% · promoters 100.00% · institutions 0.00% · other public 0.02%

  5. TO CONSIDER AND APPROVE RELATED PARTY TRANSACTIONS
    OrdinaryPromoters have an interest in it
    63.14% for36.86% against

    Against: promoters 0.00% · institutions 0.00% · other public 36.86%

    Turnout: all 0.01% · promoters 0.00% · institutions 0.00% · other public 0.02%

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, 28 Sep 2019, 4 resolutions

Present: 2 promoters and 32 others.The company's voting result (opens in a new tab)

  1. ADOPTION OF THE AUDITED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED ON MARCH 31, 2019, THE REPORTS OF THE BOARD OF DIRECTORS AND AUDITORS THEREON
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.03%

    Turnout: all 61.40% · promoters 100.00% · institutions 0.00% · other public 0.22%

  2. APPOINTMENT OF MR. ARVIND DHAM, WHO RETIRES BY ROTATION AT THIS ANNUAL GENERAL MEETING
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.03%

    Turnout: all 61.40% · promoters 100.00% · institutions 0.00% · other public 0.22%

  3. RATIFICATION OF REMINERATION TO BE PAID TO COST AUDITORS OF THE COMPANY FOR THE FINANCIAL YEAR 2019-20
    Ordinary
    99.95% for0.05% against

    Against: promoters 0.00% · institutions 0.00% · other public 33.81%

    Turnout: all 61.40% · promoters 100.00% · institutions 0.00% · other public 0.22%

  4. APPROVAL OF RELATED PARTY TRANSACTIONS
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.10%

    Turnout: all 61.40% · promoters 100.00% · institutions 0.00% · other public 0.22%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 23 Mar 2017, 1 fund house

  • Approval for alteration of Capital Clause of the Memorandum of Association of the Company
    1 for0 against
  • Approval for appointment of Mr. Shekhar Gupta as a Director of the Company
    1 for0 against
  • Approval for appointment of Mr. Shekhar Gupta as a Whole Time Director of the Company for a period of 5 years upto 13th February, 2022 and to approve his terms of appointment
    1 for0 against
  • Approval for increase in the Authorised Share Capital of the Company
    1 for0 against
  • Approval for issue of upto 24,00,000 Convertible Warrants on Preferential basis to M/s Amtek Auto Limited, Promoter of the Company
    1 for0 against
  • Approval for issue of upto 44,00,000 Equity Shares on Preferential basis to M/s Amtek Auto Limited, Promoter of the Company
    1 for0 against

Mutual fund votes, meeting of 28 Sep 2016, 1 fund house

  • Appointment of Ms. Ankita Wadhawan as an Independent Director of the Company for five years w.e.f. September 28, 2016
    1 for0 against
  • Approval for conversion of loan into equity
    1 for0 against
  • Approval for entering into related party transactions by the Company for the financial year 2016-17
    1 for0 against
  • Approval to alter the Articles of Association of the Company
    1 for0 against
  • Ratification of remuneration payable to Mr. Yash Pal Sardana as Cost Auditors of the Company for the FY ending 31st March, 2017
    1 for0 against
2 earlier meetings

Mutual fund votes, meeting of 29 Dec 2015, 1 fund house

  • Appointment of Mr. John Ernest Flintham as a Director of the Company
    1 for0 against
  • Appointment of Mr. John Ernest Flintham as Managing Director of the Company to hold office for a period of 5 years upto 2nd November, 2020 and approval of his terms of appointment
    1 for0 against
  • Appointment of Ms. Bhama Krishnamurthy as an Independent Director of the Company to hold office for a period of 5 years upto March 2019
    1 for0 against
  • Approval for payment of remuneration to Mr. Yash Pal Sardana, as Cost Auditor of the Company for FY ending September 30, 2016
    1 for0 against
  • Approval of Related Party transactions
    1 for0 against

Mutual fund votes, meeting of 25 Jun 2015, 2 fund houses

  • Adoption of Memorandum of Association as per Companies act, 2013
    1 for0 against
  • Adoption of Memorandum of Association of the Company as per Companies Act, 2013
    1 for0 against
  • Amendment of Capital Clause of Memorandum of Association of the Company
    1 for0 against
  • Ammendment of Capital Clause of Memorandum of Association
    1 for0 against
  • Increase in Authorised Share Capital
    1 for0 against
  • Increase in the Authorized Share Capital of the Company to 42 crores divided 4 crore Equity Shares of Rs. 10/- and 20 lacs of Preference Shares of Rs. 10/-
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.