Jubilant Ingrevia Limited has informed the Exchange about General Updates
JUBLINGREA · price
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Jubilant Ingrevia held its 6th AGM on August 29, 2025 via video conferencing, with 89 members attending. All 13 resolutions were passed with the required majority, including adoption of FY25 audited financial statements, declaration of a final dividend of Rs. 2.50 per equity share, and appointment of new secretarial auditor DMK Associates. The meeting also re-appointed Mr. Hari S. Bhartia and Mr. Deepak Jain as directors, and Ms. Aashti Bhartia was appointed as a new director. Five independent directors were re-appointed for another term. Notably, the re-appointments of Mr. Arun Seth, Ms. Sudha Pillai, and Mr. Sushil Kumar Roongta as independent directors saw significant dissent from institutional investors (52.8%, 52.0%, and 62.2% against from public institutions respectively), though promoter support ensured the resolutions still passed.
Shareholders can expect the final dividend of Rs. 2.50 per share for FY25. The high institutional dissent on three independent director re-appointments may raise minor corporate governance concerns, even though all resolutions cleared. Stock price impact is likely limited as all items were routine AGM business.