Cheviot Company Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 07, 2025

Cheviot Company Limited held its 127th AGM on August 7, 2025, from 11:00 AM to 11:42 AM via video conferencing, chaired by Chairman and Managing Director Mr. Harsh Vardhan Kanoria with 41 members present throughout. All 7 resolutions put to e-voting were passed with the requisite majority, including adoption of audited financial statements for FY25, declaration of a 50% dividend of ₹5 per share (totalling around ₹2.92 crore), re-appointment of Mr. Abhishek Murarka as director retiring by rotation, appointment of M/s MR & Associates as Secretarial Auditor for five years, and re-appointment of Mr. Kanoria as CMD for another five years from August 1, 2025. Two special resolutions were also approved: creating or modifying a charge on company assets in favour of Axis Bank to secure credit facilities, and ratifying the Cost Auditor's remuneration for FY26. The Chairman briefed members on quarterly performance and the current state of the jute industry, while the auditor's and secretarial audit reports were noted to be clean with no qualifications or adverse remarks.