ELGIRUBCONSEElgi Rubber Company Limited· TyresLowNeutral
Announced Mon, 11 Aug · 15:43 IST

Elgi Rubber Company Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 11, 2025

Board & Shareholder Meetings View source PDF

ELGIRUBCO · price

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AI summary

Elgi Rubber Company Limited held its 19th Annual General Meeting on August 11, 2025, via video conferencing, starting at 10:00 AM and concluding at 10:20 AM. A total of 72 members representing 29,396,309 equity shares attended the meeting. Eight resolutions were transacted, including adoption of the audited standalone and consolidated financial statements for FY ended March 31, 2025, re-appointment of Dr. Jairam Varadaraj as a director, appointment of M/s. Arun & Co. as statutory auditors for five years, appointment of Ashty David as Independent Director for five years (May 2025 to May 2030), appointment of C N Paramasivam as Secretarial Auditor, and approval of material related party transactions with LRG Technologies Limited. Voting was conducted electronically through MUFG Intime India, with results to be declared within the prescribed time. One shareholder registered as a speaker and his queries were addressed by the Chairman.

Likely market impact

This is a routine regulatory disclosure of AGM proceedings; the actual voting results on the resolutions will be announced separately. Shareholders should watch for the scrutinizer's report for the outcome of resolutions, particularly the related party transactions with LRG Technologies Limited and the appointment of the new statutory auditor.