Jet Knitwears Ltd., a leading manufacturer and exporter of quality knitted undergarments, successfully conducted its Extraordinary General Meeting (EGM) on February 3, 2025. The meeting, held at the company's registered office in Kanpur, saw shareholders participating via remote e-voting and physical ballots to approve the appointment of a new statutory auditor.

Key Decisions at the EGM

The primary agenda of the meeting was the appointment of a statutory auditor to fill a casual vacancy. Shareholders unanimously voted in favor of the resolution, ensuring continuity in the company’s financial auditing process. The entire voting process adhered to SEBI (LODR) Regulations, 2015, and was conducted transparently under the supervision of a Scrutinizer appointed by the board.

The voting window was open from January 31, 2025, to February 2, 2025, allowing shareholders to cast their votes remotely. At the venue, additional voting through ballot papers was facilitated, but no shareholders opted for physical voting.

Voting Outcome and Transparency

The final Scrutinizer’s Report confirmed that:

• 100% of votes cast through remote e-voting were in favor of the resolution.
• No votes were cast against the resolution.
• No invalid or abstained votes were recorded.

Since all votes were in favor, the resolution was passed unanimously, and the newly appointed statutory auditor will assume responsibilities immediately.

Regulatory Compliance and NSE Submission

As per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Jet Knitwears Ltd. has submitted the Scrutinizer’s Report and voting results to the National Stock Exchange (NSE). The company has also made the results available on its official website for public reference.

This EGM marks an important step in ensuring corporate governance, financial transparency, and compliance with regulatory frameworks. Investors and stakeholders can expect continued financial stability and accountability from Jet Knitwears Ltd.

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