Announced Fri, 12 Sept · 16:44 IST

89th AGM Outcome

Corporate Actions View source PDF

Price

Loading chart…

▲ 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

International Combustion India held its 89th AGM on 10th September 2025 via video conferencing, where shareholders approved all proposed resolutions with the requisite majority. Key items passed include adoption of audited financial statements for FY25, declaration of a dividend of Rs. 4.00 per equity share (40%), re-appointment of Mr. Rana Pratap Singh as Executive Director with revised remuneration, approval of Cost Auditor's remuneration for FY24-25, and appointment of Mr. Arup Kumar Roy as Secretarial Auditor for five years from FY25-26. The filing confirms that Mr. Singh has not been debarred from holding a Director's office by SEBI, MCA, or any statutory authority.

Likely market impact

The Rs. 4 per share dividend declaration is the main shareholder-relevant outcome. Routine governance matters (director re-appointment and auditor appointments) were approved without controversy, indicating stable management continuity.