Associated Alcohols & Breweries Ltd. has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 02, 2025
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Associated Alcohols & Breweries Ltd. held its 36th AGM on August 2, 2025 via video conferencing, with all 9 resolutions passed with the requisite majority. Shareholders approved the audited financial statements for FY25 and a 20% dividend (Rs. 2 per equity share on Rs. 10 face value). Re-appointments included Mr. Tushar Bhandari (rotational director) and Ms. Apurva Pradeep Joshi (independent director for 5 years). Shareholders also approved revised remuneration for Managing Director Mr. Prasann Kumar Kedia and Whole-Time Director & CEO Mr. Anshuman Kedia, along with revised managerial remuneration limits. K. Arun & Co. was appointed as Secretarial Auditor and cost auditor remuneration for FY26 was approved. Out of 39,107 total shareholders holding 1.80 crore equity shares, 54 members attended and 119 cast votes (around 60% of total shares polled).
Shareholders will receive a Rs. 2 per share dividend for FY25. All key resolutions including director reappointments and revised executive pay were approved, signaling shareholder confidence in the board. Worth noting: institutional investors showed meaningful dissent (~18.7%) on the revised managerial remuneration resolutions, though these still passed with over 99.8% support overall due to promoter backing.