Lodha Developers Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 29, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
LODHA · price
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Lodha Developers Limited held its 30th AGM on August 29, 2025, via video conferencing, with 56 members in attendance. Five ordinary resolutions were passed by shareholders with overwhelming majorities: (1) adoption of audited financial statements for FY25 (100% in favour), (2) declaration of a final dividend of ₹4.25 per equity share for FY25 (100% in favour), (3) re-appointment of Mr. Rajinder Pal Singh as director, who retires by rotation (97.96% in favour), (4) appointment of GDR & Partners LLP as Secretarial Auditors (99.93% in favour), and (5) ratification of Cost Auditor remuneration (100% in favour). Total votes polled were approximately 944.89 million shares, representing about 94.64% of the 998.38 million outstanding shares. All directors, committee chairpersons, and statutory auditors were present at the meeting. Mr. Abhishek Lodha, Managing Director and CEO, addressed members on the company's financial and business performance.
Shareholders will receive a final dividend of ₹4.25 per equity share for FY25, with record date and payment timeline to follow. All resolutions passed with near-unanimous support, including the re-appointment of a director and appointment of new secretarial auditors, reflecting strong shareholder confidence and minimal governance dissent. No material governance concerns emerged from the AGM.