Bannari Amman Sugars Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 29, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with copy of minutes.
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Bannari Amman Sugars held its 41st AGM on August 29, 2025, via video conferencing, with all 7 resolutions passed by shareholders. Key outcomes include adoption of FY25 audited financial statements (which had no qualifications), declaration of a dividend of Rs. 12.50 per equity share on 1,25,39,700 shares of Rs. 10 each, and re-appointment of Sri S V Balasubramaniam as Chairman and Sri B Saravanan as Managing Director (both passed with 99.87% support; 13,002 votes against). Other resolutions covered re-appointment of a retiring director, appointment of M/s C Thirumurthy & Associates as Secretarial Auditors, and ratification of Cost Auditor remuneration. Out of 7,834 shareholders on record, 46 attended the meeting and 78.16% of outstanding shares were voted.
Confirms a healthy dividend payout of Rs. 12.50/share for shareholders and continuation of existing leadership. No controversial items—all resolutions passed with overwhelming support, signaling stable governance with no major shareholder dissent.