Seshasayee Paper and Boards Limited has submitted the Exchange a copy Voting results along with Srutinizers report of Annual General Meeting held on Jun 14, 2025
SESHAPAPER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Seshasayee Paper and Boards held its 65th AGM on June 14, 2025 via video conferencing, where all 8 resolutions were passed with overwhelming shareholder support. Key items approved include the adoption of audited financial statements for FY ended March 31, 2025 (99.9998% in favour), declaration of a dividend (99.99% in favour), and re-appointment of Chairman Sri N Gopalaratnam via special resolution (99.37% in favour). Director appointments for Sri Ganesh Balakrishna Bhadti and Sri S. Srinivas as Whole-time Directors were also approved, along with commission to non-executive directors, appointment of the secretarial auditor, and cost auditor remuneration. Out of 22,951 shareholders on the cut-off date, 451 attended via VC (8 promoters and 443 public), with promoter votes polled at 100% across all resolutions. The lowest dissent was on the Chairman's re-appointment, where public institutions voted 19.24% against, though overall approval remained strong.
All resolutions passed comfortably, signalling smooth shareholder approval of the company's FY25 results, dividend, and board continuity — no governance red flags. Retail investors can expect the declared dividend to be credited per company schedule, and the strong voting margin reduces near-term uncertainty around board composition.