Please find enclosed voting Results of the business transacted at 32nd Annual General Meeting of the company.
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Jyoti Resins & Adhesives Ltd held its 32nd AGM on 26th September 2025 via video conferencing, and all seven resolutions were approved with overwhelming shareholder support (99.96% to 99.99% in favour). Key items approved include adoption of FY25 financial statements, declaration of a final dividend of Rs. 9 per equity share (90% on Rs. 10 face value) for FY 2024-25, re-appointment of a retiring director, appointment of R Kabra and Co LLP as statutory auditors, appointment of Utkarsh Shah & Co as secretarial auditor for FY 2025-26 to 2029-30, shifting of the registered office from Santej (Gandhinagar) to S.G. Highway, Ahmedabad, and re-appointment of Utkarsh Jagdishbhai Patel as Managing Director for 5 years. On a cut-off date of 19th September 2025, the company had 47,801 shareholders on record, and about 69.05 lakh votes were polled representing roughly 57.5% participation on the 1.2 crore outstanding shares. Promoter votes were excluded from resolutions related to director re-appointment, where only public shareholders voted.
Eligible shareholders will receive a Rs. 9 per share final dividend, a strong payout relative to the Rs. 10 face value. Leadership continuity is preserved with the Managing Director's re-appointment, while the office relocation to Ahmedabad's S.G. Highway area reflects a strategic shift. Near-unanimous voting signals smooth shareholder governance and is unlikely to move the stock on its own.