Sobha AGM 2026: All 7 resolutions passed; dividend, MD re-appointment, NCD issue approved

Sobha Limited held its 31st AGM on July 18 2026 via video conferencing. All 7 resolutions passed with more than 98 percent votes in favor. Items approved include adoption of FY26 standalone and consolidated financials, declaration of a final dividend on equity shares, re-appointment of Mr Jagadish Nangineni as Managing Director for 5 years with remuneration, re-appointment of Mr Ravi PNC Menon as director, re-appointment of Mr Raman Mangalorkar as Independent Director for a second 5 year term, ratification of cost auditor remuneration, and authority to issue Non-Convertible Debentures on private placement basis.