Scrutinozer Report for the Annual General Meeting held on 29th Septemebr 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Divyashakti Limited held its 34th Annual General Meeting on 29th September 2025 via video conferencing, where all six resolutions were passed with overwhelming shareholder approval. The key resolutions include adoption of audited financial statements for FY25, declaration of a 20% dividend on equity shares (passed with 99.99% in favour), and re-appointment of Smt Anuradha Anne as Director. Shareholders also approved related party transactions (with promoter group votes of ~71.8 lakh excluded), an investment in solar power generation business through a subsidiary involving acquisition of 51% to 55% stake in an existing project entity (99.77% in favour), and appointment of a secretarial auditor for a five-year term. E-voting was conducted through NSDL between 25th–28th September 2025, with the scrutinizer confirming fair and transparent process.
The 20% dividend declaration is a strong, shareholder-friendly return signal. The solar power foray through a subsidiary marks a notable diversification beyond the company's core granite/materials business, which could reshape its growth narrative. All resolutions clearing with near-unanimous support reflects strong management credibility, though the solar investment is the one to watch closely as it carries execution and capital allocation risk.