Quadrant Televentures 79th AGM Outcomes

103 members voted on resolutions during the AGM, representing 3.77% of total shares.
70.98% of valid votes supported the adoption of audited financial statements for FY 2026.

Reader Takeaway: Standard administrative approvals passed while the company remains under strict NCLT-led insolvency management and board suspension.

What just happened

Quadrant Televentures Limited convened its 79th Annual General Meeting on September 29, 2026. Given that the company is undergoing a Corporate Insolvency Resolution Process (CIRP) per a September 2025 NCLT Mumbai order, the meeting was conducted under the oversight of the appointed Resolution Professional, Mr. Rajesh Jhunjhunwala. Shareholders participated via remote e-voting and during the session to address two primary ordinary resolutions.

Resolution Results

Both agenda items received the required majority support from the participating voters:

• Adoption of Audited Financial Statements for FY 2026: Passed with 70.98% of valid votes in favour.
• Ratification of Cost Auditor Remuneration: Approved with 72.62% of valid votes in favour for M/s SDM and Associates for FY 2026-27.

Why this matters

Despite the ongoing CIRP, the company continues to fulfill statutory compliance requirements. The successful conclusion of the AGM ensures that essential financial records and auditor mandates are validated. However, shareholders should note that board powers remain suspended and all operational control rests with the Resolution Professional.

Risks to watch

Investors should be aware that the primary risk factor is the ongoing insolvency process. The outcome of the CIRP, including potential restructuring or liquidation paths determined by the NCLT and creditors, remains the dominant influence on the company's future.