Ador Welding Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 15, 2025. Further, the company has informed the Exchange regarding voting results.
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Ador Welding Limited held its 72nd Annual General Meeting on July 15, 2025, via video conferencing, and all 9 resolutions were passed with the required majority. Key items approved include the adoption of the audited standalone and consolidated financial statements for FY ended March 31, 2025, and the declaration of a dividend on equity shares for FY25. Shareholders also approved the re-appointment of Dr. Deep A. Lalvani (DIN: 01771000) as a director (retiring by rotation), the appointment of BSR & Co. LLP as statutory auditors, and ratification of Kishore Bhatia & Associates as cost auditor for FY26 and N.L. Bhatia & Associates as secretarial auditor. Additionally, shareholders approved an alteration to the Articles of Association and the 'AWL Ador Employees Stock Option Plan/Scheme 2025' for employees of the company and its subsidiaries. Total votes polled were 1,13,42,135 shares, representing 65.17% of the total share base, with promoters voting 100% in favour of every resolution.
All standard AGM business was cleared without disruption, confirming stable governance with strong promoter backing (98.75% of promoter shares voted in favour). The approval of the new ESOP 2025 scheme for company and subsidiary employees could result in future equity dilution, while the FY25 dividend declaration is a positive cash-return signal for shareholders.