Tejas Networks Limited has submitted the Exchange a copy of Srutinizers report of 25th Annual General Meeting held on Jun 27, 2025. Further, the Company has informed the Exchange regarding voting results.
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Tejas Networks Limited has filed the scrutinizer's report and voting results of its 25th AGM held on June 27, 2025, conducted through video conferencing. All 7 resolutions were passed with overwhelming majority. Key items approved include the adoption of standalone and consolidated audited financial statements for FY25, declaration of a dividend of Rs. 2.50 per equity share (face value Rs. 10), reappointment of N Ganapathy Subramaniam as a director (liable to retire by rotation), appointment of M/s. V Sreedharan and Associates as secretarial auditor, approval of material related party transactions with Tata Consultancy Services Limited, and ratification of cost auditors' remuneration. Out of 176.62 crore total shares, about 11.65 crore shares (~65.96%) were polled, with promoter group voting 100% in favor of all resolutions. 81 members attended the AGM via VC.
All resolutions including the Rs. 2.50 per share dividend and the related party transactions with TCS were approved with near-unanimous support (mostly above 99.9%), signalling strong shareholder confidence. The clear approval of TCS-related party transactions allows Tejas to continue its operational and commercial engagements with TCS without disruption. The dividend declaration is a positive cash return signal for shareholders.