Manappuram Finance Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 14, 2025
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Manappuram Finance Limited submitted the Scrutinizer's Report for its 33rd AGM held on August 14, 2025, where 7 resolutions were passed with requisite majority. All 7 resolutions received approval, with adoption of FY25 financial statements getting 98.94% votes in favour, appointment of KSR & Co as Secretarial Auditor receiving near-unanimous 99.99% support, and re-appointment of Independent Director Mr. Harshan Kollara Sankarakutty passing with 98.87% support. Approval of the new ESOP Scheme 2025 passed with 82.16% in favour, while grant of stock options to subsidiary employees under the same scheme received 82.20% support. Revision in remuneration of Whole-time Director Dr. Sumitha Nandan was approved with 94.34% in favour. Out of 5,99,033 total shareholders on record date, about 68% of outstanding shares were polled across the resolutions.
This is a routine regulatory filing confirming shareholder approval of routine governance matters. The strong support for the ESOP scheme and director remuneration indicates institutional investor approval, though the ESOP resolutions saw notable dissent of around 18% from public institutions, which investors may want to monitor for future governance concerns.