BSEMediumNeutral
Announced Fri, 30 May · 21:36 IST

Please see the outcome of the AGM attached.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Tata Teleservices (Maharashtra) Limited (TTML) held its 30th Annual General Meeting on May 30, 2025, via video conferencing, from 11:00 AM to 12:25 PM IST. The Chairman A.S. Lakshminarayanan chaired the meeting, and Managing Director Harjit Singh made a presentation on company performance and future plans. Five resolutions were passed with requisite majority, including adoption of FY25 audited financial statements, re-appointment of A.S. Lakshminarayanan as director, appointment of Dr. Vaijayanti Pandit as Independent Director, appointment of Makarand M. Joshi & Co. as Secretarial Auditors for five years (FY26-FY30), and ratification of Cost Auditor remuneration. Voting turnout was about 77% of outstanding shares, with promoters fully backing all resolutions. All five resolutions received over 99.35% votes in favor, with no invalid votes recorded.

Likely market impact

All five AGM resolutions were approved with overwhelming support (over 99% in favor each), confirming shareholder confidence and smooth governance with no contentious issues. The appointments of Dr. Vaijayanti Pandit as Independent Director and Makarand M. Joshi & Co. as Secretarial Auditors for a five-year term provide board and compliance continuity. This is a routine procedural filing with no material impact on the stock price.