Deepak Nitrite Limited has informed the Exchange about General Updates - Voting Result and Scrutinizer's Report
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Deepak Nitrite Limited held its 54th Annual General Meeting on August 14, 2025, via video conferencing, and all seven resolutions were approved with overwhelming majority. Shareholders approved the adoption of the Audited Standalone and Consolidated Financial Statements for FY25, with 99.9999% votes in favor on both. A dividend of ₹7.50 per share (375% on face value of ₹2) for FY25 was approved with 99.9999% support. Re-appointments of directors Maulik Mehta and Sanjay Upadhyay (retiring by rotation) were also approved, receiving 99.66% and 99.63% support respectively. Other resolutions, including ratification of Cost Auditors' remuneration for FY26 and appointment of KANJ & Co. LLP as Secretarial Auditors for five years, also passed comfortably. Voting participation stood at about 77.3% of total outstanding shares, with promoter holding of 6.72 crore shares voting entirely in favor.
This is a routine post-AGM regulatory filing confirming shareholder approval of the ₹7.50 dividend and board continuity. The very high approval margins (mostly above 99.6%) signal strong shareholder confidence, while the confirmed dividend is a positive cash event for investors.