Bhagiradha Chemicals & Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 22, 2025. Further, the company has informed the Exchange regarding voting results.
BHAGCHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bhagiradha Chemicals & Industries Limited held its 32nd AGM on August 22, 2025 via video conferencing, where all 9 resolutions were passed with overwhelming majority (over 99.99% in favour each). Key outcomes include approval of the FY25 standalone and consolidated financial statements, declaration of a final dividend of ₹0.15 (15%) per equity share on a face value of ₹1, and ratification of the Cost Auditors' remuneration for FY26. Shareholders also approved the appointment of M/s Puttaparthi Jagannatham & Co. as Secretarial Auditors for 5 years, the re-appointment of Mr. Chandra Sekhar Singavarapu as Managing Director for another 5 years with revised remuneration, and re-appointments of Mr. Arvind Kumar Anegondi (Executive Director & CEO), Dr. Gudipati Aruna, and Mr. Kishor Shah as Independent Directors for second terms of 5 years each. A revision in remuneration for the Executive Director & CEO was also approved. Out of 14,084 shareholders on record date, 84 attended through VC (2 promoter group and 82 public).
Shareholders gain clarity on a small dividend payout (₹0.15 per share) and continuity in leadership with key directors re-appointed for fresh 5-year terms. The near-unanimous approval on all items, including the MD and CEO remuneration revisions, signals strong shareholder confidence with no material dissent.