Proceedings of 31st AGM of the Company
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Radix Industries held its 31st AGM on 29th September 2025 via video conferencing, chaired by Managing Director G. Raghu Rama Raju. The meeting lasted 25 minutes (11:00 AM to 11:25 AM) and all 5 resolutions were taken up, including adoption of audited financial statements for FY25 (with no auditor qualifications), declaration of a dividend of Rs. 0.50 per equity share (face value Rs. 10) for FY 2024-25, re-appointment of Smt. G. Parvathi as director, appointment of M/s P.S. Rao & Associates as Secretarial Auditors, and appointment of Mr. Rama Krishna Chilukuri as Independent Director. Remote e-voting was open from 26th to 28th September, and no shareholder queries were raised at the meeting. Voting results were to be submitted by the scrutinizer Mr. Mohit Gurjar and shared with the stock exchange later.
The key shareholder takeaway is the Rs. 0.50 per share dividend for FY25, which is a modest but positive return signal. The clean audit report (no qualifications) is reassuring, while the director appointments suggest continuity in governance. Voting results, once filed, will confirm shareholder approval on all resolutions.