SEBI Results and Scrutinizer report of the 32 AGM held on 03 July 2025
CYIENTDLM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Cyient DLM held its 32nd Annual General Meeting on July 3, 2025, via video conferencing, where all four resolutions were passed with the required majority. Out of 112,450 shareholders on record, 53 attended the meeting through VC (2 promoter group members and 51 public shareholders). The total voting turnout was strong at about 81%, with 6.44 crore votes polled. Adoption of audited standalone and consolidated financial statements for FY25, ratification of cost auditor remuneration, and re-appointment of Mr. Krishna Bodanapu as director (retiring by rotation) all passed with near-unanimous support (over 98.9% in favour). The appointment of M/s. MKS & Associates as Secretarial Auditor for 5 years also passed but saw the most dissent, with 11.53% of polled votes against it, primarily driven by public institutions (32.45% voted against).
All AGM resolutions were approved, so there is no governance disruption. The relatively higher dissent on the secretarial auditor appointment (11.53% against) is a minor red flag worth noting, but it does not affect day-to-day operations. No material impact expected on the stock price from this routine filing.