Scrutinizers Report and Voting results of AGM
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Smruthi Organics Ltd held its 36th AGM on 20th June 2025 via video conferencing, where all 8 resolutions were passed with overwhelming shareholder support. Voting turnout was 64.28% (73,57,942 shares out of 1,14,46,290 outstanding), with promoter group holding 64.7% and voting nearly entirely in favour. Key resolutions included adoption of FY25 audited financials, declaration of a Rs 1.5 per share dividend (15%), ratification of cost auditor remuneration, appointment of secretarial auditor for 5 years, re-appointment of a retiring director, increase in remuneration for a related party, and re-appointment of both the Managing Director and Joint Managing Director. Most resolutions received 100% support, with only the related-party remuneration and cost auditor ratification seeing 40 dissenting votes (0.0005% of polled votes).
Shareholders approved a 15% dividend (Rs 1.5/share) for FY25, and management continuity is secured with the re-appointment of both the MD and Joint MD. The strong, near-unanimous approval across all items signals solid shareholder confidence with no meaningful opposition to any agenda.