Scrutinizers Report and voting results of 69th AGM held on 31.10.2025 through VC/OAVM
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Panyam Cements held its 69th AGM on 31st October 2025 via video conferencing. All four resolutions were passed with 100% votes in favour, with 7,621,632 votes polled (95.02% of 8,021,401 outstanding shares) by 80 members out of 7,660 shareholders on the record date. The resolutions covered: (1) adoption of audited financial statements for FY ending 31.03.2025, (2) re-appointment of Mr. Narayanasamy Elamaran as director liable to retire by rotation, (3) ratification of Rs. 3 lakh remuneration (plus taxes) to M/s Ganti+ Associates as Cost Auditors for FY ending 31.03.2026, and (4) appointment of M/s B S S & Associates as Secretarial Auditors for five years (FY 2025-26 to 2029-30). The AGM was held after the 30.09.2025 statutory deadline, with an extension granted by the Ministry of Corporate Affairs. Promoter and promoter group hold 7,620,330 shares (~95%), while public non-institutions hold only ~5%, with no public institutional shareholders.
All resolutions including director re-appointment, financial statements adoption, and auditor appointments were passed unanimously with no dissenting votes, indicating strong shareholder consensus. The 100% approval and high voter turnout (~95% of shares polled) suggest smooth governance. Investors should note the heavy promoter concentration (~95%) and low public float, which may limit liquidity.