Finolex Cables Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2025
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Finolex Cables has filed the Scrutinizer's Report for its 57th AGM held on September 29, 2025, covering 5 resolutions, all of which were passed. Resolution 1 (adoption of audited standalone and consolidated financial statements for FY25) and Resolution 2 (declaration of dividend for FY ended March 31, 2025) were approved with near-unanimous support, receiving 99.999% votes in favour. Resolution 3 (re-appointment of Mr. Nikhil Naik, DIN: 00202779, as director retiring by rotation) passed with 94.73% in favour, but saw meaningful dissent of 5.27%, with public institutions voting 18.14% against. Resolutions 4 (appointment of Jog Limaye & Associates as Secretarial Auditors) and 5 (ratification of Cost Auditor remuneration for FY25) also passed with over 99.99% support. E-voting turnout represented 73.67% of total outstanding shares (15.29 crore shares) from 179,259 shareholders on record date.
All routine AGM items, including the FY25 dividend declaration, were approved without issue, confirming steady shareholder returns. The notable ~18% institutional dissent on the director re-appointment is a minor governance flag worth monitoring but is unlikely to materially affect the stock.