HeidelbergCement India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 24, 2025
HEIDELBERG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
HeidelbergCement India held its 66th AGM on September 24, 2025 via video conferencing, where all six resolutions were passed with the required majority. Out of 83,090 shareholders holding 22.66 crore equity shares, about 85.5% of voting share capital participated in the e-voting process. Key resolutions include: adoption of audited financial statements for FY25 (99.93% in favour), declaration of a dividend of INR 7 per equity share (70%) for FY 2024-25 (99.9999% in favour), reappointment of Mr. Roberto Callieri as Director (98.95% in favour), and re-appointment of Mr. Joydeep Mukherjee as Managing Director for another three-year term (96.08% in favour). Other resolutions covered the appointment of DMK Associates as Secretarial Auditors for five years and ratification of remuneration of M/s. R.J. Goel & Co. as Cost Auditors, both passing with over 99.8% approval. The scrutinizer, Deepak Kukreja of DMK Associates, certified the voting as fair and transparent.
Shareholders will receive a dividend of INR 7 per share, which is a positive return event. Leadership continuity is maintained with the Managing Director's reappointment, though it is worth noting that public institutional investors showed notable dissent (27.86% against) on the MD reappointment resolution. Overall, the strong approval margins on most resolutions reflect stable governance and shareholder confidence.