Bharti Hexacom Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 20, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
BHARTIHEXA · price
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Bharti Hexacom held its 30th AGM on August 20, 2025 via video conferencing, with 66 members holding 4.25 crore equity shares (85% of paid-up capital) participating. All 8 resolutions were passed with requisite majority, including adoption of FY25 audited financial statements, declaration of a dividend of Rs. 10 per equity share on a face value of Rs. 5 each, and re-appointment of Mr. Devendra Khanna as Director. Shareholders also approved the appointment of Makarand M. Joshi & Co as Secretarial Auditors, commission to Non-Executive Chairman Mr. Jagdish Saksena Deepak, and material related-party transactions with holding company Bharti Airtel and Indus Towers. The Indus Towers related-party resolution saw the highest dissent at 11.71%, while all other resolutions passed with near-unanimous support (over 99.9% in favor).
The Rs. 10 per share dividend translates to a 200% payout on face value, which is a significant return for shareholders and confirms strong cash generation. Approval of related-party transactions with Bharti Airtel and Indus Towers formalizes ongoing operational and infrastructure arrangements, with the notable dissent on the Indus Towers deal worth monitoring but unlikely to materially affect the stock.