Munjal Showa Limited has submitted the Exchange a copy of Srutinizers report of Annual General Meeting held on August 20, 2025 along with a copy of minutes.
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Awaiting price reaction for this filing.
Munjal Showa Limited held its 40th Annual General Meeting on August 20, 2025, via video conferencing, and all 11 resolutions were passed with overwhelming majority. Shareholders approved the audited financial statements for FY25, declared a final dividend, and re-appointed two directors (Yogesh Chander Munjal and Hitoshi Fukagawa) who retired by rotation. New directors appointed include Abhaya Shankar as Non-Executive Independent Director and Neeraj Munjal and Tetsuya Katsumata as Non-Executive Directors. AKU & Associates were reappointed as Secretarial Auditors. Total valid votes stood at 2.64 crore shares. Resolutions on changes in remuneration for MD Yogesh Chander Munjal (98.2% in favor) and salary revisions for two promoter-family executives (Avi Munjal and Yajan Kant Munjal) also passed, though with 1.6 crore votes declared invalid in each case — likely promoter-related parties barred from voting on their own remuneration.
Routine regulatory filing confirming shareholder approval of AGM agenda. No material surprise — all resolutions passed comfortably, reinforcing stable promoter control and continuity of management. The final dividend declaration is the key positive takeaway for shareholders.