Accel Limited has informed the Exchange about the Voting Results of 39th AGM along with Scrutinizers Report.
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Accel Limited held its 39th AGM on 29th September 2025 via video conferencing, where six resolutions were put to vote. All six resolutions were passed, including the adoption of audited standalone and consolidated financial statements for FY ending 31st March 2025, and the declaration of a dividend of Rs. 0.30 per equity share (15% on face value of Rs. 2). Resolutions 1, 2, and 4 received near-unanimous approval at 99.99998% in favor. Resolutions 3 (reappointment of Ms. Shruthi Panicker), 5 (reappointment of Mr. Nagarajan Krishnamurthy as Independent Director for 5 years), and 6 (alteration in remuneration of CMD Mr. N.R. Panicker) passed with 86.75% to 98.95% approval, with promoters abstaining from voting on director-related resolutions. The promoter group holds 4,10,10,661 shares out of 5,75,72,401 total outstanding shares.
Shareholders will receive a Rs. 0.30 per share dividend. The CMD's remuneration has been revised by shareholder approval, and board continuity is maintained with the reappointment of two directors. No negative signals as all resolutions passed comfortably, though the ~13% dissent on director remuneration and appointment may be worth noting.