Voting Results and Consolidated Scrutinizers Report w.r.t the 26th Annual General Meeting.
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DAPS Advertising Limited held its 26th AGM on August 30, 2025, and all 10 resolutions were passed unanimously with 100% votes in favour (33,74,900 shares) and zero dissent. Shareholders adopted the audited financial statements for FY ended March 31, 2025 and approved a final dividend of Rs. 0.20 per equity share on a face value of Rs. 10. The meeting cleared the re-appointment of Mr. Paresh Chaturvedi and Mr. Dharmesh Chaturvedi (both retiring by rotation), and the appointment of Mr. Kamesh Sethi and Ms. Neha Rastogi as Independent Directors. M/s. B.M. Chaturvedi & Co. were re-appointed as Statutory Auditors and M/s. HKS & Associates LLP as Secretarial Auditors. Shareholders also approved an increase in the company's Authorised Share Capital and a corresponding amendment to the Capital Clause of the Memorandum of Association. Only 10 promoter group shareholders attended the meeting; no public shareholders were present either in person or via video conferencing.
The Rs. 0.20 dividend is a small cash payout and likely has limited stock-price impact. The increase in authorised share capital and MoA amendment could be a precursor to a future fundraising or stock split, which investors should watch for. Heavy promoter concentration and absence of public shareholders at the AGM mean voting outcomes were largely decided in advance, so the results carry little surprise value for the market.