Melstar Information Technologies Limited — Others, 24-12-2024: Shareholders meeting

Melstar Information Technologies Limited held its 35th Annual General Meeting (AGM) via video conferencing, where shareholders voted on an ordinary resolution to adopt the audited financial statements for the fiscal year ending March 31, 2022. Out of 54,700,000 shares eligible to vote, 547 votes were cast, with 517 in favor (about 94.52%) and 30 against (approximately 5.48%), indicating strong shareholder support. This outcome reflects management's solid governance and could enhance investor sentiment, as it demonstrates transparency and shareholder engagement, potentially offering a positive outlook for future initiatives.