Voting Results alongwith Scrutinizer''s Report dated 25th September, 2025
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Milkfood Limited held its 52nd Annual General Meeting on 25th September 2025 in physical mode at Bahadurgarh, Patiala, Punjab. All 8 resolutions tabled at the AGM were passed with the requisite majority. Key items included: adoption of audited financial statements for FY ending 31st March 2025, confirmation of an interim dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10), ratification of cost auditor remuneration for FY 2025-26, re-appointment of Mr. Sudhir Avasthi as Managing Director, appointment of Mrs. Jyotsna Bhatnagar as Non-Executive Independent Director, appointment of the Secretarial Auditor, and approval to sell/transfer/dispose of the Moradabad Unit. Total votes polled were approximately 75.61% of outstanding shares for most resolutions, with promoter group voting 100% in favour on all resolutions.
This is a routine AGM outcome with all resolutions passed comfortably, indicating strong shareholder and promoter alignment. The confirmation of the Rs. 2.50 per share interim dividend is positive for shareholders, while the approval to sell/transfer/dispose of the Moradabad Unit signals a potential strategic restructuring or portfolio rationalisation that investors should watch for further updates.