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Valiant Communications held its 32nd AGM on September 30, 2025 via video conferencing, with 8 promoters and 70 public shareholders attending remotely out of 6,792 total shareholders on record. All 8 resolutions were passed with overwhelming approval, with 99.9999% of the 3,698,537 votes polled (about 48.49% of outstanding shares) in favour. Key resolutions included adoption of standalone and consolidated financial statements for FY ended March 31, 2025, declaration of a 15% dividend (Rs. 1.50 per share on Rs. 10 face value), and approval to capitalize reserves and issue bonus shares. Re-appointments of Mr. Inder Mohan Sood as Managing Director and CEO, Mr. Davinder Mohan Sood as Executive Whole-time Director and CFO, and Mr. Gaurav Mohan Sood (retiring by rotation) were also approved. Statutory and secretarial auditors gave clean reports with no qualifications.
Shareholders have approved a 15% dividend and a bonus share issue, both of which should be positively received by the market. Re-appointment of the existing leadership team signals continuity in management and strategy. The near-unanimous approval across all resolutions indicates strong shareholder confidence and no governance concerns.