Please enclosed the scrutinizer''s Report for the 15th Annual General meeting of the Company held on September 25, 2025.
JNKINDIA · price
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JNK India Limited has submitted the Scrutinizer's Report for its 15th AGM held on September 25, 2025, through video conferencing. All 11 resolutions put to vote were approved by shareholders. Key items included adoption of audited financial statements for FY25 (passed with 99.99% support) and declaration of a final dividend of Rs. 0.30 per share (15%) on 5,59,53,915 equity shares for FY25, also passed with 99.99% support. Re-appointment of Mr. Goutam Rampelli as Director and his continuation as Whole-Time Director beyond age 70 were both approved with near-unanimous support. The company also got shareholder approval to increase its overall borrowing limits (97.61% in favour), create charges on assets for borrowings (98.35%), and enter into material related party transactions (92.88%). Two resolutions drew notable dissent of around 21% — payment of professional fees to Non-Executive Director Mr. Bang Hee Kim (78.92% in favour) and providing loans/guarantees to entities where directors are interested (78.94% in favour) — but both passed comfortably.
All resolutions passed, showing strong shareholder confidence in management. The Rs. 0.30 per share dividend is a positive return for shareholders, while the approved increase in borrowing limits gives the company more financial flexibility for future growth. The ~21% dissent on payments to a non-executive director and related-party loans, though not enough to block the resolutions, is worth noting as a governance signal.