Redtape Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 26, 2025
REDTAPE · price
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Redtape Limited held its 4th Annual General Meeting on September 26, 2025, via video conferencing, and all 8 resolutions were passed with the requisite majority. Key items approved include the adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, and the confirmation of a final dividend of Rs. 0.25 per share (12.50%), in addition to the earlier interim dividend of Rs. 2 per share (100%), taking the total FY25 dividend to Rs. 2.25 per share. Shareholders also approved the re-appointment of Mr. Arvind Verma and Ms. Sunanda as Whole Time Directors, the appointment of R & D Company Secretaries as Secretarial Auditors for five years, and the alteration of the Object Clause of the Memorandum of Association (a special resolution). Shareholder participation was strong, with 87.50% of equity shares (483.7 million out of 552.8 million) being voted, and 109 shareholders attended the meeting through video conferencing.
The clean passage of all resolutions, including the final dividend and MOA amendment, reflects strong shareholder confidence and stable governance. For shareholders, the Rs. 0.25 final dividend complements the Rs. 2 interim dividend, locking in a healthy total payout for FY25, while the MOA amendment gives the company more flexibility in its business activities going forward.