Rama Phosphates Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 13, 2025
RAMAPHO · price
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Rama Phosphates held its 40th AGM on August 13, 2025, via video conferencing from 3:00 p.m. to 4:05 p.m., with 53 members attending. Shareholders were asked to adopt the audited financial statements for FY25 and approve a final dividend of Re. 0.25 per equity share (face value Rs. 5). The meeting also covered the re-appointment of Mr. Kishore Sukthanker (who retires by rotation), the appointment of Mr. Naresh Verma as a new Independent Director, and the appointment of M/s. Ashok Patel & Associates as Secretarial Auditor. Two Special Resolutions were tabled seeking shareholder approval to raise the company's borrowing limits under Section 180(1)(c) and to permit creation of charges on the company's assets under Section 180(1)(a) of the Companies Act, 2013. E-voting results will be submitted by the Scrutinizer and filed with the exchanges separately.
The Re. 0.25 per share dividend is modest for retail investors. The Special Resolutions to expand borrowing limits and allow charges on company assets suggest Rama Phosphates may be gearing up to take on additional debt, which is worth watching for any future expansion or capex announcements. The change in Secretarial Auditor is a routine governance update.