Vardhman Acrylics Limited has informed the Exchange regarding voting results of Annual General Meeting held on September 24, 2025.
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Vardhman Acrylics held its 35th AGM on September 24, 2025, and filed the voting results with NSE. All 8 resolutions were passed with overwhelming shareholder support, with each resolution securing over 99.96% votes in favor. Key items approved included the adoption of audited financial statements for FY ending March 31, 2025, declaration of a dividend of Rs. 1.50 per equity share, re-appointment of directors (Mrs. Suchita Jain and Mr. Vivek Gupta), continuation of Mr. Bal Krishan Choudhary as Non-Executive Director, remuneration to a single non-executive director, and ratification of cost auditors' remuneration. Promoter group (holding 60,249,160 shares) voted 100% in favor on all resolutions, while public non-institutional participation was modest at 6.09% of outstanding public shares.
Clean passage of all resolutions with near-unanimous support reflects strong shareholder confidence and no governance friction. The Rs. 1.50 per share dividend declaration is a positive direct return for shareholders, and the orderly meeting (concluded in just 25 minutes) signals efficient corporate governance with no contentious issues raised.