Symphony Limited has informed the Exchange regarding 'Outcome of 38th AGM of the Company'.
SYMPHONY · price
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Symphony Limited held its 38th AGM on August 1, 2025 via video conferencing, from 1:30 p.m. to 2:20 p.m. Shareholders approved the audited standalone and consolidated financial statements for the financial year ended March 31, 2025. They confirmed three interim dividends totalling ₹5.00 per share and approved a final dividend of ₹8.00 per share, taking total dividends for FY25 to ₹13.00 per share. Mr. Nrupesh Shah (DIN: 00397701) was re-appointed as a director retiring by rotation, and M/s. B S R & Co. LLP and M/s. SPANJ & Associates were appointed as statutory and secretarial auditors respectively. The shareholders also approved an enhancement of the existing limit under Section 186 of the Companies Act, 2013, which relates to inter-corporate loans, investments, and guarantees.
The total dividend of ₹13 per share signals healthy shareholder returns for FY25, which should be viewed positively by investors. The Section 186 limit enhancement suggests the company may be considering larger investments, loans, or guarantees in the future, potentially for expansion or strategic purposes. E-voting results on these resolutions are still awaited and will be disclosed separately.