Betala Global Securities Ltd Holds 31st AGM; Key Resolutions Passed with Majority
Betala Global Securities Ltd conducted its 31st Annual General Meeting (AGM) on July 17, 2025. The meeting was held via Video Conferencing (VC)/Other Audio Visual Means (OAVM) and concluded at 11:15 a.m. (IST).The AGM proceedings commenced with the presence of the Directors and Chairman of the Board Committees (Audit, Nomination and Remuneration, Stakeholders Relationship Committees). Mr. Roop Chand Betala, Chairman of the Board and the Company, chaired the meeting. Attendees included Mr. C. Ramachandran, Partner at M/s. CRBS & Associates LLP, Chartered Accountants, serving as the Statutory Auditor, and Ms. Priya Shah, Proprietor of M/s. Priya Shah & Associates, serving as the Secretarial Auditor.
The company utilized a comprehensive e-voting process for the meeting, which remained open from Monday, July 14, 2025, through Wednesday, July 16, 2025. The Board appointed Ms. Priya Shah, Practicing Company Secretary, as the Scrutinizer to oversee the remote and electronic e-voting processes, ensuring transparency.
Key Resolutions Passed
The Scrutinizers reported that all resolutions contained in the notice of the 31st AGM were approved by the Members with the requisite majority. The outcomes for the key resolutions presented at the meeting were as follows:| Resolution No. | Business Type | Brief Description | Outcome of Voting |
|---|---|---|---|
| ORDINARY BUSINESS | |||
| 1 | To receive, consider and adopt the Audited financial statements for the year ended March 31, 2025, and the reports of the Board of Directors and Auditors thereon. | Approved majority | |
| 2 | To appoint a director in the place of Mr. Roop Chand Betala (DIN: 02128251) who retires by rotation and offers himself for re-appointment. | Approved majority | |
| SPECIAL BUSINESS | |||
| 3 | To appoint M/s. Priya Shah & Associates (Firm Registration No. S2019MH668500) as the Secretarial Auditor. | Approved majority | |
| 4 | To consider re-appointment of Mr. Roop Chand Betala (DIN: 02128251) as Managing Director and continue to act as Managing Director. | Approved majority |
All resolutions were declared passed on July 17, 2025. The aforesaid voting results and the Scrutinizer's Reports were subsequently posted on the company’s website.
Stock Price Movement
As of 11:28, Betala Global Securities Ltd shares are suspended due to penal reasons, currently listing at ₹6.18, showing zero percentage change. The stock remains locked at ₹6.18, reflecting its procedural suspension status rather than active intraday trading.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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