submitting the Revised Voting Results File.
RAJPALAYAM · price
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Rajapalayam Mills Limited has submitted a revised voting results file for its 89th Annual General Meeting held on 29 August 2025 via video conferencing. The correction fixes the attendance count — shareholders present via VC were 63 (Promoter group: 12, Public: 51) instead of the earlier mistakenly reported 65 (Promoter: 14, Public: 51). All 8 resolutions were passed with overwhelming majority: 7 ordinary resolutions received 99.9992% votes in favour, while the 2 special resolutions (continuing MD remuneration and enhanced borrowing powers/articles amendment) received 99.8995% and 99.9008% approval respectively. Key items included adoption of FY25 audited financial statements, declaration of a dividend of Re. 0.50 per share, re-appointment of directors Shri P.R. Venketrama Raja and Shri P.V. Abinav Ramasubramaniam Raja, appointment of a new Secretarial Auditor, ratification of Cost Auditor remuneration, and approval of enhanced borrowing powers. Total votes polled were 5,587,119 out of 9,220,200 outstanding shares (60.60% turnout).
This is a procedural correction to the AGM voting disclosure and does not change any of the outcomes. Shareholders should note the confirmed Re. 0.50 per share dividend for FY2024-25 and the approval of expanded borrowing powers. No material impact on the stock is expected.