Minutes of Annual General Meeting
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ABB India filed the minutes of its 75th AGM held on May 10, 2025, in Bengaluru, attended by 242 members representing about 75.10% of equity shares. All five resolutions were passed with overwhelming majority, including adoption of audited financial statements for FY2024, declaration of a dividend of ₹33.50 per share (1675% on face value of ₹2), and re-appointment of Ms. Carolina Yvonne Granat as Director. Shareholders also approved the appointment of S.N. Ananthasubramanian & Co as Secretarial Auditors for a 5-year term (FY2025–2029) and ratified ₹27 lakh remuneration to cost auditor Ashwin Solanki & Associates for FY2025. Shareholders raised queries on bonus shares, growth prospects, CSR/ESG, AGM format, and capex, which were addressed by the Chairman, MD, and CFO.
The confirmed ₹33.50 per share dividend reinforces ABB India's strong shareholder return track record. Routine governance items were approved with near-unanimous support, signaling stable management continuity with no contentious issues raised.