Torrent Power Limited has submitted the Exchange Voting Results and Scrutinizer Report of Annual General Meeting held on August 05, 2025
TORNTPOWER · price
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Awaiting price reaction for this filing.
Torrent Power Limited held its 21st AGM on August 5, 2025, via video conferencing, and all 8 resolutions were approved by shareholders with the required majority. Key approvals include the adoption of standalone and consolidated financial statements for FY25 (99.97% in favor), confirmation of an interim dividend of ₹14 per share and a final dividend of ₹5 per share (100% in favor), and re-appointments of directors Samir Mehta (98.94%) and Jinal Mehta (99.55%). Usha Sangwan was re-appointed as Independent Director via a special resolution with 97.32% support, while the appointment of M/s. M.C. Gupta & Co. as Secretarial Auditor for a five-year term (FY26–FY30) was also approved (100% in favor). Of the 172,960 members on the cut-off date holding 503.9 million shares, 60 members attended the AGM and all electronic votes were scrutinized by Rajesh Parekh of RPAP & Co.
Routine procedural filing confirming shareholder approval of standard AGM agenda items including dividend payouts and director appointments. No material surprises or dissent — all resolutions passed with overwhelming support, signaling strong shareholder confidence in management. Neutral to mildly positive for the stock, with the ₹19 total dividend for FY25 (interim + final) already factored in.