Outcome of remote-e-voting and e-voting at the 38th AGM held on 25th Sep 2025 alongwith Scrutinizer''s Report and Regulation 44(3) of Listing Regualtions -Consolidated Remote- e-vtoing Report.
Awaiting price reaction for this filing.
Dharani Sugars and Chemicals held its 38th Annual General Meeting on September 25, 2025 via video conferencing, with all 9 resolutions approved by shareholders with the required majority. Key items included adoption of FY25 audited financial statements (99.9969% in favor) and re-appointment of Mr. Arunachalam Sennimalai as director (99.9969% in favor). M/s. Srivatsan & Associates was ratified as statutory auditor for 5 years, and M/s. M Damodaran & Associates LLP was appointed as secretarial auditor for 5 years from FY26 to FY30. Two new independent directors — Mr. Mahalingam Venkatachalam and Mr. P. Sakthivel — were appointed for 5-year terms. Related party transaction limits were approved: up to Rs. 275 crore with Dharani Developers Pvt Ltd and Rs. 25 crore with Executive Chairman Dr. Palani G Periasamy. Scrutinizer Mr. M. Damodaran certified the voting process as fair and transparent.
All resolutions passed comfortably with high approval rates, including approval of substantial related party borrowing limits of up to Rs. 300 crore combined, signaling smooth governance with strong promoter/institutional support and no shareholder dissent on key matters.