Ingersoll Rand (India) Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 13, 2025
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Ingersoll Rand (India) held its 103rd Annual General Meeting on August 13, 2025, via video conferencing from 12:00 PM to 1:14 PM. With Chairman Sekhar Natarajan absent due to a family bereavement, Managing Director Sunil Khanduja chaired the meeting. A total of 62 members attended and 7 shareholders raised queries. Shareholders approved the audited financial statements for FY ending March 31, 2025, and declared a final dividend of Rs. 25 per equity share. Other items approved included the reappointment of Sunil Khanduja as a rotational director, material related party transactions with Ingersoll Rand Industrial U.S. Inc., appointment of Mr. Natesh K as secretarial auditor for 5 years, and ratification of cost auditor remuneration for FY26.
The final dividend of Rs. 25 per share is the main positive takeaway for shareholders, rewarding investors for FY25. The related party transaction approval with the U.S. parent (Ingersoll Rand Industrial U.S. Inc.) is a routine recurring item. The meeting was concluded efficiently with active shareholder participation, suggesting good corporate governance engagement.