Scrutinizer''s Report
Awaiting price reaction for this filing.
Eros International Media held its 31st AGM on 1 December 2025 via video conferencing. Three resolutions were put to vote. Resolution 1 (adoption of audited standalone and consolidated financial statements for FY ending 31 March 2025) was passed with 99.25% votes in favour (15.78 million out of 15.9 million valid votes). Resolution 2 (re-appointment of Mr. Vijay Thaker as Director, retiring by rotation) was passed with 99.86% assent. Resolution 3, a special resolution seeking shareholder approval to waive excess remuneration paid/payable to Mr. Sunil Lulla (Executive Vice Chairman & Managing Director) for FY 2024-25, was passed with 98.60% in favour but saw the highest dissent of 1.40% (about 2.2 lakh votes against). All resolutions were carried with the requisite majority.
Routine procedural filing confirming AGM outcomes. The key takeaway is that shareholders approved a waiver for excess remuneration paid to the MD for FY25, which had notably higher dissent than the other resolutions. This may draw some governance attention but all items passed comfortably.