Acutaas Chemicals Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 25, 2025. Further, the company has informed the Exchange regarding voting results.
ACUTAAS · price
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Acutaas Chemicals Limited (formerly Ami Organics Limited) held its 18th AGM on September 25, 2025, via video conferencing, where all 11 resolutions were passed with the requisite majority. Key approvals include the adoption of audited financial statements for FY25 (100% in favor) and the declaration of a final dividend of 30% (Re. 1.50 per equity share) for FY2024-25, also passed with 100% votes in favor. Re-appointments of Executive Chairman & MD Nareshkumar Ramjibhai Patel and Whole-Time Director Chetankumar Vaghasia were approved with 82.18% votes in favor, while the re-appointment of Whole-Time Director Virendra Nath Mishra got 92.38% support. Two Independent Directors — Richa Manoj Goyal (99.33%) and Hetal Madhukant Gandhi (95.29%) — were also re-appointed for a second five-year term. Out of 115,883 total members, 633 cast votes representing about 69.3% of total share capital.
Shareholders have confirmed receipt of the final dividend of Re. 1.50 per share, and board continuity is largely maintained. However, the relatively lower support (82.18%) for MD and Executive Chairman re-appointment, with 17.82% of institutional votes against, signals some investor reservations about executive remuneration that may draw market attention.