Summary of Proceedings of the 64th Annual General Meeting of the Company held on 22nd September, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Narmada Gelatines Limited held its 64th AGM on September 22, 2025, via video conferencing, attended by 56 members. The Chairman, Mr. S. Annamalai, noted the company's strategic investment of 10,03,000 equity shares (approximately 14.14% stake) in India Gelatine and Chemicals Ltd. The Managing Director, Mr. Ashok K. Kapur, briefed members on the company's financial and operational performance for FY 2024-25. Five resolutions were put to vote, including adoption of audited financial statements, declaration of a 100% dividend (₹10 per equity share of ₹10 each), revision in Statutory Auditor (Lodha & Co. LLP) remuneration, re-appointment of Mr. S. Annamalai as Non-Executive Director (age 78), and appointment of Dr. Asim Chattopadhyay as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30). The auditor's report had no qualifications or adverse remarks. E-voting results will be announced within 2 working days.
Shareholders benefit from a 100% dividend (₹10 per share) for FY25, signalling strong profitability. The strategic 14.14% stake in India Gelatine and Chemicals suggests a potential consolidation play in the gelatine industry. Continuation of an ageing Chairman (78 years) was approved, while a new long-term Secretarial Auditor has been appointed. Overall, routine and shareholder-friendly outcomes with no disruptive changes.