Laurus Labs Limited has informed the Exchange about Shareholders meeting
LAURUSLABS · price
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Laurus Labs held its 20th AGM on June 26, 2025 via video conferencing, running from 3:00 PM to 3:54 PM. A total of 109 members representing approximately 15.26 crore shares participated in the meeting. All 13 resolutions on the agenda were passed with the requisite majority, including adoption of the standalone and consolidated financial statements for FY 2024-25, ratification of two interim dividends totaling Rs. 1.20 per share (Rs. 0.40 + Rs. 0.80) for FY25, and approval of cost auditors' remuneration for FY 2025-26. Shareholders also approved the re-appointment of Dr. Satyanarayana Chava as Executive Director & CEO and Mr. V.V. Ravi Kumar as Executive Director & CFO, along with modifications to the employment terms of three whole-time directors. The meeting was conducted smoothly with all requisite directors, auditors, and the company secretary in attendance.
This is a routine regulatory filing confirming smooth AGM proceedings and shareholder approval on all items. The dividend ratification (Rs. 1.20 per share total for FY25) and continuity of senior leadership (CEO and CFO re-appointed) are positive signals for shareholders. No adverse developments or dissent were reported.