Johnson Controls - Hitachi Air Conditioning India Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on Jun 25, 2025
BOSCH-HCIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The company held its 40th AGM on June 25, 2025, via video conferencing, which concluded in about an hour. Seven items were taken up: adoption of the audited financial statements for the year ended March 31, 2025; declaration of a final dividend for FY25; re-appointment of Mr. Yoshikazu Ishihara (who retires by rotation); ratification of cost auditor remuneration of Rs. 1.70 lakhs to Kiran J Mehta & Company for FY26; appointment of Spanj & Associates as Secretarial Auditor for one year; a special resolution to revise the remuneration of Managing Director Mr. Sanjay Sudhakaran; and approval of material related party transactions with Highly Electrical Appliances India Limited. A scrutinizer was appointed to oversee e-voting, with results to be placed on the company's website and shared with the stock exchanges within 48 hours. No specific dividend amount or financial figures were disclosed in this filing.
Routine AGM filing with no negative surprises; the proposed final dividend is a mild positive for shareholders, while the MD remuneration revision and related party transactions are governance items that institutional investors will track via the upcoming e-voting results.