IPLNSEIndia Pesticides LimitedLowNeutral
Announced Thu, 21 Aug · 17:07 IST

India Pesticides Limited has submitted the Exchange a copy Voting results and Scrutinizers report of Annual General Meeting held on August 19, 2025

Board & Shareholder Meetings View source PDF

IPL · 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

India Pesticides Limited held its 40th AGM on August 19, 2025, via video conferencing, where 9 resolutions were put to vote. Out of 11.52 crore total shares, 8.15 crore shares (70.77%) were polled. All 9 resolutions passed with overwhelming majority, including adoption of FY25 financial statements, declaration of final dividend, re-appointment of two non-executive directors (Vishal and Vishwas Swarup Agarwal), appointment of statutory auditor, regularization of Dr. Uday Bhaskar Mantripragada as Whole-time Director, increase in remuneration of Dr. Kuruba Adeppa (Whole-Time Director), ratification of cost auditors' remuneration, and appointment of secretarial auditors. Most resolutions saw 99.99% approval. Notably, on Resolution 4 (re-appointment of Vishwas Swarup Agarwal), institutional shareholders split — 52.03% voted against — though promoter votes (99.69% in favour) carried it through. Promoters abstained on resolutions where they had a personal interest (resolutions 3 and 4).

Likely market impact

Routine AGM disclosure — all key resolutions including the final dividend for FY25 were approved, signaling smooth shareholder governance. Minor investor pushback from institutional shareholders on one director re-appointment is notable but did not affect the outcome, so unlikely to move the stock materially.