Dam Capital Advisors Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on Jun 27, 2025
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DAM Capital Advisors held its 32nd Annual General Meeting on June 27, 2025, via video conferencing, with 161,201 shareholders on record as of the June 20, 2025 cut-off. All seven resolutions were passed with the required majority, including adoption of audited standalone and consolidated financial statements for FY25, declaration of a final dividend of Re. 1 per equity share (face value Rs. 2), and re-appointment of Mr. Dharmesh Anil Mehta as director. Other approved items include the re-appointment of KKC & Associates LLP as statutory auditors, appointment of Aashish K. Bhatt & Associates as secretarial auditors, appointment of Ms. Nithya Easwaran as Independent Woman Director, and a revision in the remuneration of Whole Time Director Mr. Jateen Madhukar Doshi effective April 1, 2025. Voting turnout represented roughly 50.79% of outstanding shares, with all resolutions securing over 98% support.
Shareholders have approved a Rs. 1 per share dividend for FY25, providing a small cash return, and confirmed continuity of the board and auditors. The new independent woman director and revised Whole Time Director pay signal ongoing governance and management updates; no negative surprise, but the modest vote margin on director pay (98.35%) reflects some institutional dissent.