Proceedings of 37th Annual General Meeting of the Company.
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Balaji Amines held its 37th Annual General Meeting on 8th August 2025 via video conference, chaired by Executive Chairman Mr. Ande Prathap Reddy, with 62 members present. The meeting covered adoption of audited financial statements for FY ended 31st March 2025 and declaration of a dividend of Rs. 11 per equity share for FY2024-25. Shareholders also approved re-appointments of Mr. A. Prathap Reddy as Executive Chairman, Mr. Dundurapu Ram Reddy as Managing Director, Mr. Rajeshwar Reddy Nomula as Whole-time Director, and Mr. Ande Srinivas Reddy as Whole-time Director & CFO, along with appointment of new secretarial auditors. The statutory auditor's report had no qualifications, while the secretarial auditor gave one observation, addressed in the Directors' Report. Voting was conducted through remote e-voting (5th–7th August) and e-voting during the AGM, with results to be announced within 2 working days.
The Rs. 11 per share dividend confirms shareholder returns for FY25, and the clean auditor's report with no qualifications is a positive signal. Re-appointment of the entire senior leadership team signals management continuity and stability for investors.