Rain Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on May 09, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report.
RAIN · price
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Rain Industries held its 50th AGM on May 9, 2025 via video conferencing, where all 5 resolutions were passed with overwhelming shareholder approval. Shareholders adopted the standalone and consolidated audited financial statements for the financial year ended December 31, 2024, with over 99.99% votes in favor. The interim dividend of Rs. 1 per equity share for FY 2024 was ratified with 99.9987% support. Mr. N. Sujith Kumar Reddy (DIN: 00022383) was re-appointed as a Director retiring by rotation, passing with 95.95% support (4.05% against). DVM & Associates LLP was appointed as Secretarial Auditor for 5 consecutive years (FY 2025 to FY 2029) with 99.9974% approval. Out of 2,13,182 total shareholders, 92 members attended the AGM through VC, and voting was conducted via remote e-voting and electronic voting during the meeting.
This is a routine regulatory filing confirming standard AGM outcomes — no surprises or material changes expected for shareholders. The re-appointment of the existing director and appointment of the new secretarial auditor indicate continuity, while the dividend ratification formalizes what has already been paid as an interim dividend.