PPAP Automotive Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 25, 2025
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PPAP Automotive Limited held its 30th Annual General Meeting on September 25, 2025, via video conferencing, and all five resolutions were passed with overwhelming shareholder support (over 99.98% in favor each). Shareholders approved the adoption of audited financial statements for FY ending March 31, 2025, and the declaration of a final dividend of Rs. 1.50 (15%) per share along with confirmation of an interim dividend of Rs. 1 (10%) per share, totaling Rs. 2.50 per share for the year. The re-appointment of Mr. Abhishek Jain as Director (retiring by rotation) was approved, along with ratification of the cost auditor's remuneration and the appointment of M/s NKJ & Associates as secretarial auditor for five years. Out of 16,121 total shareholders on record, promoters holding 9.1 million shares voted 100% in favor, while public participation was limited to about 4.07% of public non-institutional shares.
The combined dividend of Rs. 2.50 per share (interim Rs. 1 + final Rs. 1.50) represents a tangible return for shareholders, reflecting the company's profit distribution for FY25. All resolutions passing with near-unanimous support signals strong management credibility and smooth governance, though the very low public voting turnout (~4% of non-institutional shares) limits the informational value of the voting breakdown.