Proceedings of the 37th Annual General Meeting of the Company held on August 8, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ADC India Communications held its 37th Annual General Meeting on August 8, 2025, via video conferencing, with 35 members present. The meeting lasted about 75 minutes (11:00 AM to 12:15 PM) and was chaired by Mr. Nagendra Venkaswamy, with Mr. J.N. Mylaraiah as Managing Director and other directors joining from Bangalore, Goa, and Dublin. Five items of business were tabled, including adoption of audited financial statements for FY25, confirmation of an interim dividend of Rs. 25 per share and a final dividend of Rs. 5 per share (total Rs. 30 on a Rs. 10 face value), re-appointment of a retiring director, re-appointment of Ms. Vijaya Latha Reddy as Independent Director for a second 5-year term, and appointment of V Sreedharan and Associates as Secretarial Auditors for 5 years. Members were given the facility to vote electronically, and voting results will be declared separately based on the scrutinizer's report.
The key shareholder takeaway is a strong total dividend of Rs. 30 per share for FY25 (Rs. 25 interim + Rs. 5 final), signalling healthy cash returns. The other items are routine governance matters (director re-appointments and auditor appointment) with no material strategic change expected.