Polycab India Limited has informed the Exchange regarding 'combined voting results on remote e voting and e voting conducted at the 29th Annual General Meeting held on 01st July 2025'.
POLYCAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Polycab India held its 29th AGM on 1 July 2025 via video conferencing, where all six ordinary resolutions were passed with overwhelming shareholder approval. The resolutions covered adoption of standalone and consolidated financial statements, declaration of dividend, re-appointment of Mr. Gandharv Tongia as a director liable to retire by rotation, and appointment of BNP & Associates as secretarial auditors. Roughly 86.15% of total outstanding shares (about 12.97 crore shares out of 15.05 crore) participated in the voting, with promoters voting at 98.80% and public institutions at 87.52%. All resolutions received over 99.2% votes in favour, with the dividend resolution getting near-unanimous support at 99.9998%.
This is a routine regulatory disclosure confirming smooth shareholder approval of standard AGM items including the dividend. No negative signals; resolutions like dividend declaration reinforce shareholder-friendly governance and should be neutral to mildly positive for the stock.