Vishnu Chemicals Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 14, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
VISHNU · price
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Vishnu Chemicals Limited held its 32nd Annual General Meeting on August 14, 2025, via video conferencing, where all 8 resolutions were passed with the requisite majority. Key approvals include the adoption of audited standalone and consolidated financial statements for FY 2024-25, declaration of a dividend of Rs. 0.30 per equity share (15% on face value of Rs. 2), and re-appointment of Mr. Ch. Krishna Murthy as Chairman and Managing Director for another 5-year term starting January 2, 2026. Shareholders also approved the re-appointment of Mrs. Ch. Manjula (retiring by rotation) and Mrs. Sita Vanka as Independent Director, along with the appointment of M/s L.D. Reddy & Co as Secretarial Auditors for FY 2025-26 to 2029-30, reclassification of authorised share capital, and ratification of Cost Auditors' remuneration. Voting was conducted through remote e-voting and e-voting during the AGM, with promoter participation at 100% and public institutions at around 82%.
The AGM results are largely procedural and confirm board continuity, with a modest 15% dividend declared for shareholders. The most notable shareholder dissent (around 20%) was recorded against the re-appointment of the Chairman and Managing Director, which may draw some investor attention, though the resolution still passed comfortably.