REDINGTONNSERedington Limited· TradingLowNeutral
Announced Thu, 31 Jul · 16:28 IST

Redington Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on July 29, 2025. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Redington Limited held its 32nd AGM on July 29, 2025 via video conferencing, where all 5 resolutions were passed with requisite majority. Shareholders approved the audited financial statements for FY ended March 31, 2025 with 99.92% votes in favor. A dividend of Rs. 6.80 per equity share (340% on face value of Rs. 2) for FY25 was approved with near-unanimous support (99.99%). The re-appointment of Mr. Tu, Shu Chyuan as director was approved with 90.23% in favor, while the appointment of Deloitte & Touche LLP as Singapore branch auditors and M/s B Chandra & Associates as Secretarial Auditors were approved with over 99% support. Out of 2,38,049 total shareholders, 80 public shareholders attended the meeting via VC. The Scrutinizer, V Suresh Associates, confirmed all resolutions as validly passed.

Likely market impact

All five resolutions sailed through with overwhelming majority, confirming strong shareholder confidence in management. The Rs. 6.80 per share dividend (340% payout) signals healthy cash generation and a shareholder-friendly capital allocation policy, which is positive for income-focused investors.