Announced Tue, 30 Sept · 21:07 IST

Shree Pushkar Chemicals & Fertilisers Limited has submitted the Exchange a copy of Scrutinizers report along with Voting Results of Annual General Meeting held on September 29, 2025

Board & Shareholder Meetings View source PDF

SHREEPUSHK · price

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AI summary

The company held its 32nd AGM on September 29, 2025 via video conferencing, lasting 26 minutes (3:00 PM to 3:26 PM). All 10 resolutions were passed with overwhelming shareholder support — typically 99.99% in favor, with only 22 dissenting votes in each case. Key items approved include adoption of audited standalone and consolidated financial statements for FY25, a final dividend of Rs. 2.00 per share (20% on face value), and re-appointment of Mr. Punit Makharia as Chairman & MD and Mr. Gautam Makharia as Joint MD for a fresh 5-year term (April 2026 to March 2031). Two independent directors (Mrs. Barkharani Nevatia and Mr. Ishtiaq Ali) were also re-appointed, and M/s DSM & Associates was confirmed as Secretarial Auditor. The scrutinizer was Mr. Sanam Umbargikar of M/s DSM & Associates, and out of 18,610 shareholders on record date, 46 attended via video conferencing.

Likely market impact

Shareholders have formally approved the Rs. 2 final dividend for FY25, providing clarity on cash returns. The near-unanimous voting outcome and clean approval of all items — including 5-year re-appointments of both promoter MDs — reflect strong shareholder alignment and management continuity through FY31, with no governance red flags from this AGM.