ALPHAGEONSEAlphageo (India) Limited· Oil Exploration/ProductionLowNeutral
Announced Sat, 27 Sept · 16:55 IST

Revised Voting Results

Board & Shareholder Meetings View source PDF

ALPHAGEO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Alphageo (India) Limited filed revised voting results for its 38th AGM held on September 26, 2025, via video conferencing. Out of 16,421 total shareholders, only 72 attended the AGM, representing 39.43% of total share capital. All six ordinary resolutions were passed with requisite majority. Key resolutions included adoption of FY25 audited financial statements, declaration of a dividend of Rs. 8 per equity share (80% on Rs. 10 face value) for FY 2024-25, re-appointment of Whole-time Director Mr. Sashank Alla (who retires by rotation), and appointment of Secretarial Auditors, all of which received over 98% support. Two resolutions on material related party transactions — one with subsidiary Alphageo Offshore Services (89.96% in favor) and one with promoter group company Aquila Drilling (87.99% in favor) — received comparatively lower support, with promoter group shareholders abstaining from voting on related party items.

Likely market impact

Shareholders can expect the Rs. 8 per share dividend for FY25 to be paid as approved. The lower support on related party transactions (around 88-90%) suggests some institutional investors are cautious about deals with promoter group entities, though all resolutions still passed comfortably. The 'revised' label indicates an update to the originally filed results, which investors may want to review against the initial filing.