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Announced Wed, 2 Jul · 20:03 IST

Declaration of results of the voting on resolution set out in notice of 27th Annual General Meeting held on July 2, 2025 and Scrutinizers Report.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Oberoi Realty held its 27th AGM on July 2, 2025 via video conferencing, where all 5 resolutions were passed with near-unanimous shareholder approval (~100% assent on most resolutions). Key items approved include: (1) adoption of audited financial statements for FY ending March 31, 2025, (2) confirmation of four interim dividends of Rs. 2 per share each (totalling Rs. 8 per share or 80% of face value) as the final dividend for FY 2024-25, (3) re-appointment of Mr. Saumil Daru as director (99.65% in favour, the lowest approval margin), (4) remuneration of Rs. 8 lakh to M/s Kishore Bhatia & Associates as Cost Auditors for FY26, and (5) appointment of M/s Rathi & Associates as Secretarial Auditors for a 5-year term (FY 2025-26 to FY 2029-30). Over 34.17 crore valid votes were cast in favour across all resolutions, with only token dissent of a few thousand shares.

Likely market impact

These are routine AGM results with no surprises — the Rs. 8 per share total dividend for FY25 is now formally confirmed, and all governance proposals sailed through with overwhelming support. No negative signals for shareholders; the clean approval record reflects strong promoter and institutional backing.