Scrutinizer report for Voting of result of AGM
INVPRECQ · price
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Awaiting price reaction for this filing.
The 50th AGM of Investment & Precision Castings Ltd was held on September 18, 2025 in Bhavnagar, Gujarat. All 6 resolutions were passed with overwhelming support, receiving 99.99% votes in favour. Key items approved include: adoption of audited financial statements for FY ending March 31, 2025; declaration of a 5% dividend (Rs. 0.50 per equity share of Rs. 10 face value) for FY 2023-24; reappointment of Mrs. Vishakha P. Tamboli as director (retiring by rotation); appointment of Secretarial Auditor for 5 years; increase in overall managerial remuneration of Directors; and ratification of Cost Auditor's remuneration. Voting was conducted through remote e-voting (via NSDL) and physical poll at the venue, with Devesh Mehta & Associates serving as scrutinizer.
This is a routine procedural filing confirming shareholder approval at the AGM. The 5% dividend for FY24 is now formally confirmed, giving clarity to shareholders. No negative signals—every resolution saw near-unanimous support, suggesting shareholder confidence in management decisions.