Summary of Proceedings of the 106th Annual General Meeting of the Company held today i.e, Monday, 11th August, 2025
BRITANNIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Britannia Industries held its 106th AGM on 11th August 2025 via video conferencing, from 3:30 PM to 5:46 PM IST. Chairman Nusli N. Wadia presided over the meeting, with MD & CEO Varun Berry and CFO N. Venkataraman also present. A total of 144 members representing about 12.19 crore equity shares attended the meeting. The Chairman confirmed that the Statutory and Secretarial Auditors' reports for FY 2024-25 contained no qualifications, reservations, or adverse remarks. Seven resolutions were put forward for shareholder approval, including adoption of audited financial statements, declaration of a final dividend for FY ending 31st March 2025, re-appointment of Nusli N. Wadia as a director (special resolution), re-appointment of Walker Chandiok & Co LLP as statutory auditors, appointment of Parikh & Associates as secretarial auditors, ratification of cost auditors' remuneration, and an amendment to the appointment terms of CFO N. Venkataraman. Remote e-voting took place between 8th and 10th August 2025, and voting results were to be announced within two working days, by 13th August 2025.
Routine and procedural in nature — no surprise decisions were announced. Shareholders can expect confirmation of a final dividend for FY25, clean audit reports, and continuity of the existing auditor and senior management. The outcome of the voting (especially the special resolution on Nusli Wadia's re-appointment) is the only material signal; the stock price is unlikely to move significantly on this filing alone.