Graphite India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 01, 2025
GRAPHITE · price
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Graphite India held its 50th AGM on August 1, 2025, via video conferencing, where shareholders approved all 8 resolutions including adoption of audited financial statements, declaration of a dividend for FY25, and re-appointment of Mr. AV Lodha as a director. A new Independent Director, Mr. Debanjan Mandal, was appointed, and shareholders cleared the appointment of the Secretarial Auditor and ratified Cost Auditor remuneration. The most notable item was approval to issue Non-Convertible Debentures or Bonds up to Rs. 5,000 crore on a private placement basis, which passed with 98.87% support. The resolution on commission to Non-Executive Directors faced the highest dissent at about 4.78% against, though it still passed comfortably. Total voting participation covered 77.41% of outstanding shares, with 381 valid folios casting 15.12 crore shares.
The key shareholder takeaways are: a dividend has been declared for FY25 (amount not specified here), and the company has been given the green light to raise up to Rs. 5,000 crore through bonds/debentures, which signals potential expansion or refinancing plans. All routine corporate resolutions passed with strong support, indicating no major shareholder unrest.