Privi Speciality Chemicals Limited has informed the Exchange regarding Proceedings of 40th Annual General Meeting held on August 01, 2025 through VC
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Privi Speciality Chemicals held its 40th AGM on August 1, 2025 via Video Conferencing, from 4:30 PM to 5:26 PM, chaired by Chairman & Managing Director Mr. Mahesh P. Babani. Six resolutions were placed before shareholders, including adoption of audited financial statements for FY ending March 31, 2025, and declaration of a final dividend of Rs. 5.00 per equity share (50% on face value of Rs. 10). Other items included re-appointment of Mr. Bhaktavatsala Doppalapuddi Rao (director retiring by rotation), re-appointment of M/s BSR & Co. LLP as statutory auditors for a second five-year term, appointment of M/s Rathi & Associates as secretarial auditors for a first five-year term, and ratification of remuneration for cost auditors. E-voting was open from July 29 to July 31, 2025, with results to be shared with the exchanges within two working days. No qualifications were flagged in the auditors' or secretarial audit reports.
The 50% final dividend announcement is the key positive takeaway for shareholders, signaling consistent returns. The routine re-appointments of directors and auditors suggest stable governance with no disruptions expected. Voting results are still awaited and will provide final confirmation of shareholder approval.