Avadh Sugar & Energy Limited has informed the Exchange about Shareholders meeting
AVADHSUGAR · price
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Avadh Sugar & Energy Limited held its 11th Annual General Meeting on July 30, 2025, via video conferencing, chaired by Co-Chairperson Mr. Chandra Shekhar Nopany. All business items in the AGM Notice were passed by shareholders with the requisite majority. Key approvals included adoption of audited financial statements for FY ended March 31, 2025, declaration of a dividend of Rs.10 per equity share for FY 2024-25, re-appointment of Ms. Nandini Nopany as Director, ratification of the Cost Auditor's remuneration, appointment of M/s Vinod Kothari & Co. as Secretarial Auditors for 5 years, and appointment of Mr. Sukhvir Singh as a Director and Whole-time Director for 3 years. The CFO could not attend due to health issues. 62 members participated and the meeting concluded at 11:46 a.m.
The Rs.10 per share dividend is a positive takeaway for shareholders, with total outflow of about Rs.20 crore on 2 crore shares. All resolutions were approved smoothly, reflecting stable governance with no contentious issues raised. The absence of the CFO due to health reasons is a minor concern but did not disrupt proceedings.