Rallis India Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on Jun 23, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
RALLIS · price
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Rallis India held its 77th AGM on June 23, 2025 via video conferencing, where shareholders voted on 5 ordinary resolutions and approved all of them. Key items included adoption of FY25 audited financial statements, declaration of a dividend of ₹2.50 per equity share (face value ₹1), re-appointment of Mr. R. Mukundan as a director, appointment of secretarial auditors, and ratification of cost auditor remuneration. Voting was conducted electronically, with about 15.35 crore shares participating (roughly 79% of total shares). All resolutions passed with overwhelming support — four got over 99.99% votes in favour, while the director re-appointment saw slightly more dissent at 98.27% in favour (about 1.73% against, mostly from public institutions). The MD & CEO, Dr. Gyanendra Shukla, presented on the company's revised vision, FY25 performance, segments, Project 'Aalingana', CSR initiatives, and long-term strategy. The Chairman also paid tribute to the late Mr. Ratan Tata and acknowledged Mr. Bhaskar Bhat's contributions to the board.
Shareholders are set to receive a ₹2.50 per share dividend for FY25. The strong approval on all resolutions signals routine shareholder confidence with no major governance concerns, though a small institutional dissent (~1.73%) on Mr. Mukundan's re-appointment is worth noting. Overall, this is a routine AGM outcome with no surprise elements likely to move the stock.