BERGEPAINTNSEBerger Paints (I) Limited· PaintsMediumNeutral
Announced Tue, 12 Aug · 21:40 IST

Berger Paints (I) Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 12, 2025

Board & Shareholder Meetings View source PDF

BERGEPAINT · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Berger Paints held its 101st AGM on August 12, 2025 via video conferencing, attended by 142 members. All 9 resolutions were passed with the requisite majority, including approval of FY25 audited financial statements (99.99% in favour). A dividend of Rs. 3.80 per share (380% on face value of Re. 1) for FY ended March 2025 was approved with 99.99% support. M/s B S R & Co. LLP was appointed as the new Statutory Auditor for a 5-year term, replacing S.R. Batliboi & Co. LLP, with 99.94% approval. Ms Rishma Kaur was re-appointed as Director (retiring by rotation), and special resolutions for paying commission of up to 1% of net profits to the Chairman and Vice Chairman for FY 2025-26 also passed, though with comparatively lower support at 93.76% in favour. No qualifications or adverse remarks were noted in the auditors' or secretarial auditor's reports.

Likely market impact

Routine AGM outcomes — all resolutions cleared comfortably, confirming shareholder confidence. Eligible shareholders will receive a Rs. 3.80 per share dividend. The switch to B S R & Co. LLP (a Big 4-affiliated firm) as statutory auditor is a governance update but not material to operations. The lower ~6% dissent on director commission resolutions is worth noting but not alarming.