The voting results in respect of the resolutions which were placed for getting the approval of the share-holders in the 64th Annual General held on 21st July 2025 (in the virtual mode) ....
BIMETAL · price
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Bimetal Bearings Limited held its 64th AGM on 21st July 2025 via video conferencing, where all 6 resolutions passed with overwhelming shareholder support of over 99.9% in favor across the board. Key items approved included the FY25 audited financial statements, a final dividend of Rs. 12.50 per share, re-appointment of Mr. S. Narayanan as Director (retiring by rotation), ratification of Cost Auditors' remuneration for FY26, appointment of M/s. KSR & Co Company Secretaries LLP as Secretarial Auditors for 5 years, and approval of material related party transactions with BBL Daido Private Limited. A total of 57 shareholders participated through remote e-voting, with the scrutinizer V.R. Sankaranarayanan confirming the validity of the voting process.
The near-unanimous approval of all resolutions signals strong shareholder confidence in the company's management and governance. The Rs. 12.50 per share dividend confirms a consistent return for shareholders, while approvals for related party transactions and auditors ensure operational continuity. This is a routine governance filing with no material stock price impact expected.