Mcleod Russel India Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 26, 2025. Further, the company has informed the Exchange regarding voting results.
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McLeod Russel India Limited held its 27th AGM on September 26, 2025 via video conferencing, where all 8 resolutions were passed with the required majority. Voting was conducted through remote e-voting and e-voting at the AGM, with scrutinizer Mr. Atul Kumar Labh overseeing the process. Key resolutions included adoption of audited standalone and consolidated financial statements for FY25, re-appointment of Mr. Amritanshu Khaitan as Director, re-appointment of Ms. Rupanjana De as Independent Director for 3 years, appointment of M/s A.K. Labh & Co. as Secretarial Auditors for 5 years, and approval to increase borrowing powers and creation of charges on assets up to Rs. 3,200 crores each. All resolutions received approximately 93.8% to 94.1% votes in favour.
All resolutions passed comfortably with ~94% approval, indicating strong shareholder support. The approval to raise borrowing powers and create charges up to Rs. 3,200 crores is significant — it gives the company flexibility to take on substantially more debt, which could signal upcoming expansion, capex, or refinancing plans. Shareholders should monitor how this enlarged debt headroom is utilized.