Sula Vineyards Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on Jun 26, 2025
SULA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sula Vineyards held its 22nd AGM on June 26, 2025 via video conferencing, and all four ordinary resolutions were approved with over 99.99% votes in favour. The resolutions covered: (1) adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025; (2) declaration of a final dividend of Rs. 3.60 per equity share (face value Rs. 2) for FY24-25; (3) re-appointment of Mr. Deepak Shahdadpuri (DIN: 00444270) as director, who retires by rotation; and (4) appointment of Sunil Agarwal & Co. as secretarial auditor. Out of 8.44 crore outstanding shares, about 3.59 crore votes were polled (42.57% participation), with negligible dissent on every resolution. The scrutinizer (Martinho Ferrao & Associates) confirmed that all items were passed with the requisite majority.
The Rs. 3.60 final dividend (on a Rs. 2 face value) is confirmed by shareholders and is a positive signal for income-focused investors. The near-unanimous approval and routine nature of the resolutions suggest no governance issues, and no material stock price impact is expected from this filing.