Mawana Sugars Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on Jun 28, 2025
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Mawana Sugars Limited has filed the voting results and scrutinizer's report for its 61st Annual General Meeting held on June 28, 2025 via video conferencing. All six resolutions were passed with the required majority. Shareholders approved the adoption of audited financial statements for FY25, a final dividend of Rs.1 per share on the Rs.10 face value (on top of the Rs.3 interim dividend already paid during FY25, taking total dividends to Rs.4 per share), re-appointment of Mr. Krishna Shriram as a director, ratification of cost auditor remuneration for FY26, appointment of secretarial auditors for five years (FY26–FY30), and approval of remuneration for Managing Director Mr. Rakesh Kumar Gangwar for one year (August 13, 2025 to August 12, 2026). Of 58,560 shareholders on record, 159 attended via VC; promoters did not attend. Five resolutions passed with effectively 100% votes in favour, while the director re-appointment resolution passed with 99.35% in favour (2.51 crore votes for vs. 1.66 lakh against).
This is a routine post-AGM compliance filing confirming shareholder approval of routine business items. No negative surprise—every resolution saw near-unanimous support. The final dividend of Rs.1 per share, combined with the Rs.3 interim already paid, gives a total FY25 dividend of Rs.4 per share (40% on face value), which is positive for income-focused shareholders.