Submission of voting results of 34th Annual General Meeting of the Company held on 30.09.2025
Awaiting price reaction for this filing.
RCC Cements Ltd held its 34th AGM on 30 September 2025 where all 5 resolutions were passed with the required majority. The resolutions included adoption of audited financial statements for FY ending 31 March 2025, re-appointment of Managing Director Mr. Sachin Garg (retiring by rotation), approval of related party transactions, appointment of the secretarial auditor, and reclassification of certain persons from 'Promoter & Promoter Group' to 'Public' shareholders. Across all resolutions, nearly 100% of votes were cast in favor — for example, Resolution 1 received 971,851 shares in favor out of 971,876 total valid votes, with only 25 shares dissenting. Five related parties abstained from voting on the related party transactions resolution. E-voting was open from 27 to 29 September 2025, with very low participation on the e-voting platform.
All resolutions passed smoothly with overwhelming shareholder support, indicating no governance disputes. The reclassification of certain persons from promoter group to public shareholders could slightly increase the public shareholding float, though voting participation was extremely low suggesting concentrated ownership.