Siyaram Silk Mills Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 02, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report.
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Siyaram Silk Mills held its 47th AGM on August 2, 2025 via video conferencing, chaired by CMD Ramesh Poddar, and it concluded at 11:38 a.m. All 5 resolutions were passed with the required majority, including adoption of FY25 financial statements and declaration of a final dividend of Rs. 5 per share (250%) on equity shares, payable on or after August 8, 2025. The meeting also re-appointed Ashok M. Jalan as a director (retiring by rotation), ratified Rs. 6 lakh remuneration for cost auditors K.G. Goyal & Associates, and appointed GMJ & Associates as secretarial auditor for 5 years (FY26–FY30). Voting was strong, with over 99% in favour on four of the five resolutions; the lowest was the director re-appointment at 96.46% in favour, mainly due to institutional dissent. Statutory auditor and secretarial audit reports carried no adverse remarks.
Routine AGM outcome with no negative surprises; the Rs. 5 final dividend (taking total to a healthy payout for FY25) is the main shareholder takeaway. Strong shareholder approval on all resolutions suggests smooth governance, though the slightly lower support for the director re-appointment is worth noting.