Announced Tue, 21 Jul · 11:30 IST

44th AGM: All 6 Resolutions Passed, Dividend Declared

Board & Shareholder Meetings View source PDF

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AI summary

44th AGM held on 20 July 2026 via video conferencing. All 6 resolutions passed with over 99.99 percent majority, with negligible votes against. Key items approved: adoption of FY26 audited financial statements, declaration of dividend for FY ended 31 March 2026, re-appointment of Sri Sanjay Jayavarthanavelu as director, appointment of M/s S Krishnamoorthy and Co as statutory auditors, related party transactions with LMW Limited, and ratification of cost auditor remuneration for FY26-27.

Likely market impact

All resolutions passed with near-unanimous shareholder support. Dividend for FY26 confirmed. Smooth AGM with no governance concerns raised.