RELIANCENSEReliance Industries Limited· RefineriesMinimalNeutral
Announced Sat, 30 Aug · 12:55 IST

The voting results along with the consolidated Scrutiniser's Report in respectof the Forty-eighth Annual General Meeting (Post-IPO) of the Company held on Friday,August 29, 2025, are attached.

RELIANCE · price

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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

Reliance Industries filed the voting results for its 48th AGM held on August 29, 2025 via video conferencing. All 8 resolutions were passed with the requisite majority, including adoption of standalone and consolidated financial statements for FY25, declaration of a dividend on equity shares, appointment of Nikhil R. Meswani and Isha M. Ambani as directors (retiring by rotation), ratification of cost auditors' remuneration, appointment of a secretarial auditor, and approval of material related-party transactions for the company and its subsidiaries. The dividend resolution received near-unanimous support at 99.9994% in favour, while the two director appointments saw the highest dissent at about 7.3% and 7.6% against. On the related-party transaction resolutions, the promoter group did not vote (as required by SEBI rules), so only public shareholders participated, with 99.38% and 99.58% voting in favour. Total voting participation across non-promoter resolutions stood at around 86–87% of outstanding shares, with 44.72 lakh shareholders on the record date of August 22, 2025.

Likely market impact

Routine regulatory disclosure confirming shareholder approval of all AGM agenda items; no material surprise, and the modest dissent on director re-appointments is within normal range and unlikely to move the stock. Dividend approval confirms the payout declared earlier, which is positive for income-focused shareholders.