Voting Results and Scrutinizer''s Report of the 27th AGM of the Company held on Tuesday, September 30, 2025, at 11:00 AM
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Tyche Industries held its 27th AGM on September 30, 2025, where all 10 resolutions were passed with overwhelming majority (over 99.99% votes in favour on each). Out of 7,420 shareholders on record, about 68.99% of outstanding shares were polled. Key outcomes include approval of audited financial statements for FY25, declaration of a 30% dividend (Rs. 3.00 per share), re-appointment of directors, and approval of cost and secretarial auditor remuneration. Major leadership changes were also approved: Mr. Sandeep Gokaraju was appointed as the new Managing Director, while Mr. G Ganesh Kumar was redesignated from Chairman & Managing Director to Executive Director. Mr. Srinivas Gelli's role was changed from Non-Executive Director to Non-Executive Independent Director.
The 30% dividend (Rs. 3/share) is a direct cash benefit for shareholders. The leadership restructuring signals a planned succession at the top with Sandeep Gokaraju taking over as MD, which investors should watch for execution impact. With near-unanimous approval on all resolutions, there are no governance concerns to flag from this meeting.