Damodar Industries Limited has informed the Exchange about Shareholders meeting
DAMODARIND · price
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Damodar Industries Limited held its 37th Annual General Meeting on Friday, August 22, 2025, from 12:00 PM to 1:10 PM via Video Conference, in compliance with MCA and SEBI circulars. Five directors were present, including Chairman Arunkumar Biyani, Managing Director Aman Biyani, Non-Executive Director Aditya Biyani, and two Independent Directors (Ketan K. Patel and Pankaj Srivastava), along with the CFO, Secretarial Auditor, and Scrutinizer. The meeting covered 2 ordinary business items (adoption of FY25 financial statements and re-appointment of Aman Biyani, who retires by rotation) and 3 special business items (fixing Cost Auditor remuneration for FY25-26, appointing Secretarial Auditor for 5 years from 2025-26 to 2029-30, and appointing Mr. Pankaj Srivastava as Non-Executive Independent Director). Remote e-voting was open from August 19 to August 21 via MUFG Intime India platform, with e-voting during the AGM also available for 15 minutes post-meeting. No qualifications were noted in the statutory or secretarial auditors' reports. Members raised queries on capacity utilization, growth triggers, new capacity, turnover, dividend, debt and interest cost management, and borrowing.
This is a routine procedural filing confirming the AGM was held as scheduled. The appointment of a new Independent Director and a 5-year Secretarial Auditor are governance-related items with limited direct impact on stock price. Shareholders should watch for the voting results, which will be intimated separately to the exchanges.