Ambuja Cements Limited has submitted the Exchange a copy Scrutinizers report of Annual General Meeting held on June 26, 2025. Further, the company has informed the Exchange regarding voting results.
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Ambuja Cements has filed the detailed voting results of its 42nd AGM held on June 26, 2025, along with the scrutinizer's report from Chirag Shah & Associates. Shareholders voted on 16 resolutions, and all were passed with the required majority. Key approvals include adoption of FY25 audited financial statements (99.98% in favour), declaration of a dividend for FY 2024-25 (99.99% in favour), reappointment of Mr. Ajay Kapur as Managing Director (99.76%), and appointment of Mr. Vinod Bahety as Wholetime Director and CEO (99.64%). The appointment/reappointment of five independent directors was also approved with strong support. Shareholders also approved material related party transactions with Adani Logistics, Adani Enterprises, and Orient Cement, with the promoter group abstaining from voting on these related-party items as required. The reappointment of Mr. Ameet Desai as Independent Director received the lowest support at 90.97%, with public institutions voting 34.96% against it.
This is a routine compliance filing confirming that all AGM agenda items, including the dividend, leadership changes, and related-party deals, have shareholder backing. No negative impact is expected; the strong approval margins on most resolutions reflect stable governance support, though the notable dissent on Mr. Ameet Desai's reappointment is worth tracking.