Oriental Aromatics Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 21, 2025
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Oriental Aromatics held its 53rd AGM on August 21, 2025, via video conferencing, chaired by Chairman and Managing Director Dharmil A. Bodani. The company highlighted its 70-year legacy, commissioning of new plants at Mahad and Vadodara, a 12.9% rise in production, and an 11% increase in operating income. The board recommended a 10% final dividend (₹0.5 per equity share) for FY25. Eight resolutions were tabled and put to e-vote, including adoption of financial statements, dividend declaration, re-appointment of Shyamal A. Bodani as director, ratification of cost auditor, appointment of secretarial auditor, and special resolutions to revise/approve remuneration for three executive directors. The meeting concluded at 12:47 PM with 51 shareholders attending virtually out of 26,694 total shareholders.
Routine AGM proceedings with no surprise negative announcements. The 10% dividend declaration and strong production growth signal continued financial health, while special resolutions for revising executive director remuneration indicate potential increase in promoter/promoter-group payouts going forward.