Larsen & Toubro Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on Jun 17, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report.
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Awaiting price reaction for this filing.
L&T held its 80th AGM on June 17, 2025 via video conferencing, chaired by CMD S.N. Subrahmanyan, with all directors present except Sanjeev Aga. Shareholders approved all 16 ordinary resolutions, including adoption of standalone and consolidated financial statements for FY25 and declaration of a final dividend of Rs. 34 per share (face value Rs. 2), which passed with 99.9996% support. Re-appointments of S.V. Desai and T. Madhava Das as Directors and Whole-time Directors, and the appointment of Subramanian Sarma as Deputy MD & President, were approved with over 96% votes in favor. Material related party transactions with L&T Arabia, L&T Metro Rail (Hyderabad), L&T Technology Services, L&T Modular Fabrication Yard, LTIMindtree, and Apollo Hospitals were also cleared. Total shareholder base stood at 17,93,892, with roughly 71–72% of outstanding shares participating in voting.
Routine AGM clearance confirms shareholder confidence in L&T's FY25 results and the Rs. 34 final dividend, with all board appointments and related-party transactions approved with overwhelming majorities. No contentious issues or significant dissent surfaced, so the filing is largely procedural with a neutral to mildly positive read-through for shareholders.