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Awaiting price reaction for this filing.
Abirami Financial Services held its 32nd AGM on September 4, 2025, via video conferencing. Of the 2,502 shareholders on record, 23 attended through VC and a total of 39,72,065 shares (73.56% of outstanding equity) were polled through e-voting. Six of the seven resolutions passed with 100% approval, including adoption of audited financials for FY25, declaration of a 15% dividend on equity shares, re-appointment of Mrs. Muthulakshmi Ganesh as a retiring director, re-appointment of Mrs. Chitra Sivaramakrishnan as Whole Time Director, continuation of Mr. K.V. Aiyappan's directorship beyond age 75, and appointment of M/s. Porselvam & Associates as Secretarial Auditors. Resolution No. 7 to amend the Object Clause of the Memorandum of Association was rejected, with only 4.89% voting in favour and 95.11% against.
Shareholders will receive a 15% dividend for FY25, and all director-related resolutions were approved, indicating continuity in leadership. The rejection of the Object Clause amendment means the company cannot expand its stated business scope under this proposal, though this has no direct financial impact on shareholders.