Savita Oil Technologies Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 22, 2025. Further, the company has informed the Exchange regarding voting results along with copy of scrutinizers report together with copy of minutes.
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Savita Oil Technologies Limited held its 64th Annual General Meeting on September 22, 2025 via video conferencing, with 81 members attending. All six resolutions put before shareholders were passed with overwhelming majority. Key items included adoption of audited financial statements for FY ended March 31, 2025, declaration of a 200% dividend (₹4 per share on ₹2 face value) for FY 2024-25, and re-appointment of Mr. Vishal Sood as Director. Shareholders also approved appointing MP & Associates as Secretarial Auditors for five years (April 2025 to March 2030) and ratified the remuneration of ₹2,75,000 plus GST for Kishore Bhatia & Associates as Cost Auditors for FY 2024-25 and FY 2025-26. Total shares polled stood at 56,636,050 out of 68,560,415 outstanding, and all resolutions secured over 99.86% approval.
The 200% dividend (₹4 per share) confirms a healthy shareholder payout from FY 2024-25 earnings and is positive for income-focused investors. The near-unanimous approval on all resolutions, including director re-appointment and auditor changes, reflects strong shareholder confidence with no governance concerns raised.