JK Cement Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 18, 2025
JKCEMENT · price
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JK Cement held its 31st Annual General Meeting on July 18, 2025, via video conferencing from 11:00 AM to 11:44 AM, attended by 60 participants. All six resolutions were passed with requisite majority, including adoption of FY25 audited financial statements (99.99% in favor) and confirmation of a Rs. 15 per share dividend (150% on face value of Rs. 10). Mr. Paul Heinz Hugentobler was reappointed as a director retiring by rotation and his continuation was approved via a special resolution, though both saw notable minority opposition of about 12%. M/s Sanjay Grover & Associates was appointed as secretarial auditor for a 5-year term (FY 25-26 to FY 29-30), and the remuneration of cost auditors M/s K.G. Goyal & Co. for FY 25-26 was ratified.
All routine AGM business concluded smoothly with overwhelming shareholder support, confirming the Rs. 15 dividend. The roughly 12% dissent on Hugentobler's reappointment and continuation is modest but worth noting for governance watchlists; otherwise, this is a standard procedural filing with no material surprise.