All 7 resolutions passed at Shivalik Rasayan 48th AGM; dividend declared
SHIVALIK · price
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Shivalik Rasayan's 48th AGM on Sep 28, 2026 saw all 7 resolutions pass with 99.99 percent or higher majority. Key items approved: adoption of FY26 audited financials, final dividend for FY25-26, re-appointment of two directors (Suresh Kumar Singh and Vimal Kumar Shrawat), enhanced borrowing powers and creation of charge on company assets (both special resolutions), and ratification of cost auditors' remuneration. Voting turnout was 53.63 percent of outstanding shares.
Final dividend approved benefits shareholders. Enhanced borrowing powers and asset charges signal potential debt expansion for future growth.