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Valiant Communications Limited held its 32nd AGM on Tuesday, September 30, 2025, via video conferencing, where 8 resolutions were put to vote. The company has 6,792 shareholders on record, and around 48.49% of outstanding shares (approximately 36.99 lakh shares) participated in the voting. All 8 resolutions passed with overwhelming approval of over 99.99%, with just 3 votes against each resolution. Key items approved include adoption of standalone and consolidated financial statements for FY ended March 31, 2025, declaration of a dividend of Rs. 1.50 per share (15%) on equity shares of Rs. 10 each, re-appointment of directors, and capitalization of reserves to issue bonus shares. Re-appointment of Mr. Inder Mohan Sood as Managing Director & CEO and Mr. Davinder Mohan Sood as Executive Whole-time Director & CFO were passed as special resolutions.
Shareholders approved a 15% dividend and a bonus share issue, both of which are positive for retail investors. The near-unanimous approval on all resolutions (including management re-appointments) signals strong shareholder confidence, though the low public turnout and modest public shareholding suggest limited retail participation.