Summary of the proceedings of the 37th Annual General Meeting held on August 8, 2025
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ADC India Communications held its 37th AGM on August 8, 2025 via video conferencing, attended by 35 members. The meeting ran from 11:00 AM to 12:15 PM and was chaired by Mr. Nagendra Venkaswamy. Five ordinary businesses were tabled, including adoption of FY25 audited financial statements, confirmation of an interim dividend of Rs. 25 per share and declaration of a final dividend of Rs. 5 per share (Rs. 30 per share total for FY25 on face value of Rs. 10). Members also approved the re-appointment of Mr. Rakesh Bhanushali (retiring by rotation) and Ms. Vijaya Latha Reddy as Independent Director for a second 5-year term starting September 16, 2025. V Sreedharan and Associates was appointed as Secretarial Auditors for a 5-year period. Voting was conducted electronically, and the Chairman authorised the Company Secretary to declare results based on the scrutinizer's report.
Shareholders will receive a total dividend of Rs. 30 per share for FY25 (interim Rs. 25 already confirmed, final Rs. 5 to be declared). Board continuity was maintained with key director re-appointments, signalling stable governance with no major disruptions.