Voting Results and Scrutinizers Report of the 37th Annual General Meeting of the Company held on August 8, 2025
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ADC India Communications held its 37th Annual General Meeting on August 8, 2025, via video conferencing, where all 5 resolutions were passed with near-unanimous approval (approximately 100% in favour). Shareholders approved the audited financial statements for FY ending March 31, 2025, and confirmed a total dividend of Rs. 30 per share (Rs. 25 interim + Rs. 5 final) on a face value of Rs. 10, which works out to a 300% total payout. Mr. Rakesh Kishore Bhanushali was reappointed as a director retiring by rotation, Ms. Vijaya Latha Reddy was reappointed as Independent Director for a second 5-year term starting September 16, 2025, and M/s. V Sreedharan and Associates were appointed as Secretarial Auditors for 5 years. Out of 46,00,000 total outstanding shares, 33,17,742 votes (72.12%) were polled, with promoter group voting 100% in favour of every resolution.
This is a routine, smooth AGM with strong shareholder consensus and no contentious issues. The 300% total dividend (Rs. 30/share) is a significant cash return for shareholders and is the most market-relevant takeaway. No governance red flags — all resolutions sailed through.