Adani Enterprises Limited has submitted the Exchange a copy of Scrutinizer's report dated 26/06/2025 along with Voting results of Annual General Meeting held on Jun 24, 2025
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Adani Enterprises held its 33rd AGM on June 24, 2025 via video conferencing, where shareholders voted on 31 resolutions, all of which were passed with the requisite majority. Key items approved include the adoption of audited financial statements for FY25, declaration of a dividend on equity shares for FY 2024-25, re-appointment of Rajesh S. Adani as a director retiring by rotation, and re-appointment of Dr. Omkar Goswami as an Independent Director for a second three-year term. Shareholders also approved the appointment of CS Ashwin Shah as Secretarial Auditor for five years and the remuneration of cost auditors for FY26. A large block of resolutions (Nos. 7-30) approved material related-party transactions between the company, its subsidiaries, and various Adani group entities for FY 2025-26, with these RPTs typically passing with 79-100% support (promoter votes were excluded from these counts). Most routine resolutions received near-unanimous backing, while RPTs involving Adani Infra (India), Adani Infra Management Services, and Adani Properties saw about 20% dissent from non-promoter shareholders.
All 31 resolutions cleared, signaling smooth shareholder approval of management's agenda, including a dividend payout for FY25 and a new QIP (Qualified Institutions Placement) authorization that gives the board flexibility to raise fresh capital from institutional investors, which could lead to equity dilution for existing shareholders. The QIP resolution (No. 31) passed with 99.99% support, giving the company room to tap markets for future funding needs, while modest dissent on certain RPTs reflects routine minority investor caution on related-party dealings.