Amara Raja Energy & Mobility Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 14, 2025. Further, the company has informed the Exchange regarding voting results.
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Amara Raja Energy & Mobility Limited held its 40th AGM on August 14, 2025 via video conference, where all 9 resolutions were approved by shareholders. Key items included adoption of FY25 audited financial statements, confirmation of a final dividend of Rs. 5.20 per share, reappointment of Mr. Vikramadithya Gourineni as rotational director, appointment of Joint Statutory Auditors and Secretarial Auditors for five-year terms, appointment of Ms. Radhika Shapoorjee as Independent Director, and reappointment of Mr. Jayadev Galla as Chairman, MD & CEO. While most resolutions passed with over 99% approval, the resolutions on Mr. Galla's reappointment and remuneration saw notable dissent, with 15.03% and 20.83% votes against respectively, indicating some institutional investor concern. Out of 8,90,964 shareholders on record date, only 81 attended via video conferencing.
Shareholders will receive a final dividend of Rs. 5.20 per share for FY25. The significant dissent (around 15-21%) on CEO-related resolutions signals some governance concerns among institutional investors, which investors should monitor, though all resolutions were ultimately passed with requisite majority.