GOODYEARBSEGoodyear India LtdMediumNeutral
Announced Fri, 25 Jul · 16:59 IST

Proceedings of the 64th Annual General Meeting of the Company

Board & Shareholder Meetings View source PDF

GOODYEAR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Goodyear India Ltd held its 64th AGM on July 25, 2025, via video conferencing, with 637 members representing 1,70,84,221 shares participating. Shareholders approved the audited financial statements for FY ended March 31, 2025, and declared a final dividend of Rs. 23.90 per equity share (face value Rs. 10). Ms. Varsha Chaudhary Jain was re-appointed as Whole Time Director (retiring by rotation), and M/s Vijender Sharma & Co. were ratified as Cost Auditors for FY26. M/s Chandrasekaran Associates were appointed as Secretarial Auditors for a 5-year term. Two special resolutions were passed to waive the recovery of excess managerial remuneration paid to Managing Director(s) (former and current) and all Executive Directors for FY 2024-25.

Likely market impact

Shareholders will receive a Rs. 23.90 per share dividend, offering a reasonable yield on the stock. The two special resolutions waiving recovery of excess managerial pay to MDs and Executive Directors may raise governance questions for some investors, as they imply prior over-payment beyond approved limits that shareholders have now chosen to forgive.