Submission of Scrutinizer''s Report and voting results of 41st Annual General Meeting pursuant to Regulation 44 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015
PREMCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Premco Global Limited held its 41st AGM on September 3, 2025, via video conferencing from 3:00 PM to 3:33 PM. Out of 4,184 shareholders on record date, 38 attended through VC and all 10 resolutions were passed with the required majority. Key items approved include adoption of audited standalone and consolidated financial statements for FY25, confirmation of interim dividends (including a special dividend) and a final dividend of Rs. 2 per equity share of Rs. 10 face value. Total voting turnout was 73.19% (24,18,652 votes out of 33,04,800). Resolutions on re-appointment of Director Mrs. Nisha Harjani passed with 99.57% support, while five resolutions covering increases and revisions in remuneration for Executive Directors (including MD Ashok Harjani) passed with 99.17% support. Appointment of M/s Abbas Lakdawalla & Associates LLP as Secretarial Auditor for FY2025-26 to FY2029-30 was unanimously approved.
For shareholders, the final dividend of Rs. 2 per share is confirmed, supplementing earlier interim and special dividends already paid. The steady approvals on director remuneration revisions signal normal governance continuity with strong promoter backing, though minor dissent (~0.83%) from public shareholders on pay-related resolutions is worth noting. No immediate material impact on stock price is expected as all outcomes were largely anticipated.