Submission of the Consolidated results of remote e-voting conducted for the 48th Annual General Meeting on the resolutions envisaged in the notice calling 48th AGM along with Scrutinizer's Report.
ORIENTBELL · price
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Orient Bell Limited's 48th Annual General Meeting was held on August 5, 2025, via Video Conferencing, and all 6 resolutions have been approved by shareholders with overwhelming majority. The key resolutions passed include: adoption of the audited financial statements for FY ended March 31, 2025, re-appointment of Mr. Madhur Daga as a director (retiring by rotation), and declaration of a dividend of ₹0.50 per equity share (5% of the ₹10 face value) for FY25. A special resolution was passed to re-appoint Ms. Bindiya Shyam Agrawal as Non-Executive Non-Independent Director for one year (October 28, 2025 to October 27, 2026). Ms. Ashu Gupta was appointed as Secretarial Auditor for a five-year term from FY 2025-26 to FY 2029-30, and shareholders also approved related-party transactions with Proton Granito Pvt. Ltd. and Corial Ceramic Pvt. Ltd. Of the 6,057 shareholders on record, 76 cast votes via remote e-voting and 60 attended the AGM, with all resolutions passing with over 99.9% in favor and no invalid votes.
Shareholders will receive a small dividend of ₹0.50 per share. The near-unanimous approval (over 99.9% in favor on most resolutions) signals strong shareholder confidence in management and the board, with no governance concerns raised. Routine in nature with limited direct impact on stock price.