Ausom Enterprise Limited has informed the Exchange regarding Proceedings of undefined held on September 26, 2025
AUSOMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ausom Enterprise Limited held its 41st AGM on September 26, 2025 via Video Conferencing from 1:00 PM to 1:33 PM, with 36 members participating. The Chairman shared that the company posted a turnover of Rs. 2,392.53 Crores and a profit of Rs. 19.61 Crores for the year. Members considered five resolutions, including a final dividend of Re. 1 (10%) per equity share, adoption of audited financial statements, re-appointment of a director, change of registered office (special resolution), and appointment of a new secretarial auditor. The Chairman also highlighted joint ventures in gold refining (IGR AUSOM LLP, 50% stake), a 9 MW hydro power project in Himachal Pradesh (SWADESHI DISTRIBUTORS LLP, 80% stake), and a newly incorporated wholly owned subsidiary Amazo Solar Power Private Limited to bid for a 50 MW solar project.
Routine AGM proceedings with a modest 10% dividend and no major strategic surprises; the mention of a new solar power subsidiary and diversification into gold and hydro power ventures signals growth ambitions, though the qualified secretarial audit report and absence of a key director at the AGM are minor concerns for shareholders.