UPL Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on July 25, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
UPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
UPL Limited held its 41st Annual General Meeting on July 25, 2025, via video conferencing, chaired by Mr. Jaidev R. Shroff (Chairman & Group CEO). All six resolutions were passed with overwhelming majority, including adoption of FY25 financial statements (99.94% in favour), declaration of a final dividend of ₹6 per equity share (99.9999% in favour), re-appointment of Mr. Raj Tiwari (99.19% in favour), ratification of Cost Auditors' remuneration (99.9967% in favour), and appointment of Secretarial Auditors (98.01% in favour). The Board welcomed two new Independent Directors — Mr. Santosh Kumar Mohanty and Ms. M. V. Bhanumathi — and a new Group CFO, Mr. Bikash Prasad. Mr. Vasant Gandhi will conclude his tenure as Independent Director in November 2025. Management highlighted a robust FY25 performance with strong growth, strategic debt reduction, and a continued focus on innovation despite industry headwinds.
Shareholders have approved a ₹6 per share final dividend, reflecting confidence in the company's cash flows. The overwhelming approval (over 98% on all resolutions) signals strong shareholder alignment with management. Board refreshment with new directors and a new CFO may bring fresh strategic direction, though the transition of a long-serving Independent Director is also noteworthy for governance watchers.