Prataap Snacks Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 06, 2025. Further, the company has informed the Exchange regarding voting results.
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Prataap Snacks Limited held its 16th Annual General Meeting on August 6, 2025 via video conferencing, where all 11 resolutions were passed with the required majority. Out of 19,644 shareholders on the record date, 44 attended through video conferencing (10 from promoter group and 34 from the public). Key resolutions included the adoption of audited financial statements for FY25, declaration of a dividend of Rs. 0.50 per equity share (10% on face value of Rs. 5), re-appointment of Mr. Arvind Mehta as Director retiring by rotation, and special resolutions to alter the Object Clause and Articles of Association. Resolutions for appointing a new Secretarial Auditor and approving remuneration for executive directors in case of inadequate profits were also approved. Voting was near-unanimous across all items, with over 99.99% support and only negligible dissent.
Shareholders will receive a Rs. 0.50 per share dividend for FY25, which is a modest but positive return. The smooth passage of all resolutions, including charter amendments and executive remuneration, signals stable governance with no shareholder dissent of significance, and is unlikely to move the stock meaningfully on its own.