Shanthi Gears Limited has submitted the Exchange a copy of Scrutinizer report of the 52nd Annual General Meeting held Wednesday the 30th July 2025
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Shanthi Gears Limited held its 52nd AGM on 30th July 2025 via video conferencing, where all 6 resolutions were passed with the required majority. Total votes polled stood at 5,95,26,578 shares, representing about 77.59% of the 7,67,15,853 outstanding shares. Key resolutions included adoption of FY25 audited financials (99.99% in favour) and confirmation of a final dividend of Rs.2 per share on top of the Rs.3 per share interim dividend already paid, taking total FY25 dividend to Rs.5 per share (99.99% in favour). Other resolutions covered the re-appointment of Mr. Arun Venkatachalam as a Director (99.76% in favour), a special resolution to replace the Articles of Association with a new set aligned to the Companies Act, 2013 and SEBI Listing Regulations (99.63% in favour), and the appointment of Sridharan & Sridharan Associates as Secretarial Auditor for five years and Mr. B Venkateswar as Cost Auditor for FY26, both passed with over 99.99% support.
Shareholders have formally approved the FY25 results and a total dividend of Rs.5 per share (Rs.3 interim already paid plus Rs.2 final), supporting income returns for investors. The overwhelmingly positive voting on routine and governance matters, including the Articles of Association overhaul, signals strong shareholder confidence with no material dissent to flag.