Polycab India Limited has informed the Exchange with copy of Scrutinizer's Report of Annual General Meeting held on July 01, 2025
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Polycab India Limited submitted the Scrutinizer's Report for its 29th AGM held on July 01, 2025 via video conferencing, where all six resolutions were passed with overwhelming shareholder approval. Key resolutions included adoption of audited standalone and consolidated financial statements for FY25, declaration of a dividend of Rs. 35 per equity share (350% on face value of Rs. 10) for FY ended March 31, 2025, and re-appointment of Mr. Gandharv Tongia as Executive Director. Shareholders also approved the ratification of remuneration for Cost Auditors R. Nanabhoy & Co. and the appointment of BNP & Associates as Secretarial Auditors for a five-year period from FY2025-26 to FY2029-30. The company had 4,14,106 members on record, and all resolutions received more than 99% votes in favor, indicating strong shareholder confidence.
The Rs. 35 per share dividend is a significant reward for shareholders, while the smooth passing of all resolutions with near-unanimous support reflects strong management credibility and minimal investor dissent, which is broadly positive for the stock.