Gist of Proceedings of 15th Annual General Meeting of Advait Energy Transitions Limited
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Advait Energy Transitions Limited held its 15th AGM on September 19, 2025, in Ahmedabad from 3:30 PM to 4:15 PM, chaired by Mr. Dinesh Patel. Eleven items of business were put to members, including adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, and declaration of a dividend of Rs. 1.75 per equity share (face value Rs. 10). Members also considered re-appointment of M/s V. Goswami & Co. as Statutory Auditors, appointment of Mr. Tejpal Singh Bisht as Independent Director, and appointment of M/s. RPSS & Co. as Secretarial Auditors. Key special business items included a loan to subsidiary Advait Greenergy Private Limited under Section 185, authorization to the Board to borrow money and create charges on assets, approval of material related party transactions with the subsidiary, and sale of 2,750 shares of Advait Greenergy to Alethea Tradeline Private Limited. Remote e-voting ran from September 15 to September 18, 2025, and voting results will be shared separately with the exchanges.
The Rs. 1.75 per share dividend is a tangible return for shareholders, while the cluster of resolutions on loans, RPTs, and share sale involving material subsidiary Advait Greenergy signals an active restructuring or capital realignment at the subsidiary level that investors should watch.