AGM 2026 voting results: all 5 resolutions approved
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Andhra Cements (subsidiary of Sagar Cements) held its 87th AGM on June 25, 2026 via video conference. All 5 resolutions passed with requisite majority. Items included: adoption of FY26 audited financial statements (100% in favour), re-appointment of director S. Sreekanth Reddy (100%), ratification of cost auditor fee of Rs 5 lakh to Narasimha Murthy and Co (100%), and approval for related party transactions up to Rs 500 crore with Sagar Cements and up to Rs 100 crore with RV Consulting Services (both 99.9999% in favour).
Routine AGM business concluded. Related party approvals let the company continue transactions with parent Sagar Cements and RV Consulting within stated limits.