Sudarshan Chemical Industries Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2025. Further, the company has informed the Exchange regarding voting results.
SUDARSCHEM · price
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Sudarshan Chemical Industries submitted the voting results and scrutinizer's report for its 74th Annual General Meeting held on September 29, 2025, via video conferencing. All five ordinary resolutions were passed, including adoption of FY25 financial statements, declaration of a final dividend of Rs. 4.50 per share (225% on face value of Rs. 2), re-appointment of Wholetime Director Ashish Vij, ratification of the Cost Auditor's remuneration for FY26, and appointment of a Secretarial Auditor for five years (FY26–FY30). About 70% of outstanding shares (55.1 million out of 78.6 million) were polled. While the dividend, cost auditor, and secretarial auditor resolutions passed with near-unanimous support (over 99.99%), the financial statements adoption saw notable dissent of 13.4%, and the director re-appointment saw 7.2% dissent, primarily from public institutional shareholders.
Shareholders have approved a Rs. 4.50 final dividend for FY25, and routine governance items were cleared. The relatively higher dissent on the financial statements and director re-appointment — largely from institutional investors — is worth monitoring but unlikely to materially affect the stock price.