Balrampur Chini Mills Limited has informed the Exchange regarding Proceedings of 49th Annual General Meeting of the Company held on August 30, 2025
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Balrampur Chini Mills held its 49th AGM on August 30, 2025 via video conferencing, chaired by Chairman and Managing Director Vivek Saraogi. A total of 55 members attended the meeting, with all directors present and statutory and secretarial auditors also joining virtually. The auditors had no qualifications or adverse remarks on the FY25 standalone and consolidated financial statements. Eight resolutions were transacted, including confirmation of the Rs. 3.00 per equity share interim dividend as the final dividend for FY25, and adoption of audited financial statements. The CMD also gave an overview of the company's financial performance, the sugar and ethanol industry outlook, and shared updates on the progress of the Polylactic Acid (PLA) project. Voting results and the scrutinizer's report will be submitted to the stock exchanges within two working days.
The clean audit report and confirmation of the Rs. 3.00 per share final dividend are positive signals for shareholders. Re-appointments of the Whole Time Director and Independent Director indicate continuity in leadership, while the PLA project update highlights the company's diversification push beyond sugar and ethanol.