Synergy Green Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 23, 2025
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Synergy Green Industries held its 15th AGM on September 23, 2025 via video conference, attended by 50 members, and concluded in about 75 minutes. Shareholders approved the audited financial statements for FY2024-25 along with the Board's and Auditors' reports. A dividend of Rs.1 per equity share (10% on face value of Rs.10) was approved, totaling Rs.1.55 crore, along with a Rs.10 per share dividend on 10% Redeemable Cumulative Preference Shares amounting to Rs.1.07 crore. Mr. Chandan S. Shirgaokar was reappointed as Non-Executive Director (retiring by rotation). M/s. DVD & Associates were appointed as Secretarial Auditor for five consecutive years (FY26 to FY30), and the remuneration of Rs.1.25 lakh for the Cost Auditor for FY2025-26 was ratified. Members also authorized the company to accept or renew unsecured deposits from shareholders within prescribed limits.
The 10% equity dividend is a modest but tangible return for shareholders, while approval to accept unsecured deposits from members gives the company additional flexibility to raise low-cost funds from its own shareholder base.