TATA CONSUMER PRODUCTS LIMITED has informed the Exchange regarding Proceedings of Annual General Meeting held on Jun 18, 2025
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Tata Consumer Products Limited held its 62nd AGM on June 18, 2025, via video conferencing from 10:30 AM to 1:52 PM IST, with 186 members attending. Chairman N. Chandrasekaran could not attend due to exigencies, so Non-Executive Director P. B. Balaji presided over the meeting. MD & CEO Sunil D'Souza presented FY24-25 financial performance, India and international business updates, and highlighted focus areas including AI integration, innovation, and sustainability. The meeting considered six resolutions, including adoption of audited financial statements for FY ended March 31, 2025 (which had no auditor qualifications), declaration of a dividend of Rs. 8.25 per equity share (825% on face value of Re. 1), re-appointment of N. Chandrasekaran as Director retiring by rotation, ratification of cost auditor remuneration, and appointment of Dr. Asim Kumar Chattopadhyay as Secretarial Auditor for a 5-year term ending March 31, 2030. The consolidated voting results will be announced within 2 working days.
Shareholders will receive a dividend of Rs. 8.25 per share if the resolution is passed (total payout subject to approval). A clean audit report and full board attendance signal healthy governance, though the Chairman's absence may raise minor questions. No material concerns were raised in the proceedings.