Outcome of Annual General Meeting held on 27.09.2025
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India Cements Capital Limited held its 39th Annual General Meeting on 27th September 2025 via video conferencing, with the required quorum present throughout. Chairman V. Manickam presided over the meeting. Five ordinary resolutions were tabled and put to vote, including adoption of audited standalone and consolidated financial statements for FY ended 31 March 2025, appointment of V.M. Mohan as Director (retiring by rotation), reappointment of K. Suresh as Manager for one year (01.10.2025 to 30.09.2026), and appointment of Smt. P. Sindhuja as Secretarial Auditor for a five-year term (FY2025-26 to FY2029-30). The Chairman highlighted that the company posted a turnover of Rs. 29,764.17 lakhs and income of Rs. 387.22 lakhs in FY25, both lower than the previous year. Its wholly owned subsidiary India Cements Investment Services Limited reported FY25 turnover of Rs. 715.51 lakhs and income of Rs. 88.01 lakhs. Q1 FY26 gross income for the standalone entity stood at Rs. 136.31 lakhs.
The AGM was routine and procedural, with all resolutions being ordinary business items; there were no major corporate actions such as fundraising, dividend declarations, or mergers. The declines in standalone turnover (~20%) and income (~15%) year-on-year, along with weaker Q1 FY26 performance, may be a mild negative signal for shareholders, though no new strategic guidance was provided.