Voltas Limited has submitted the Exchange a copy Srutinizers report along with Voting Results of Annual General Meeting held on July 08, 2025
VOLTAS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Voltas Limited held its 71st Annual General Meeting on July 8, 2025, via video conferencing, where shareholders approved all 9 resolutions with overwhelming majority. Key approvals include the adoption of audited standalone and consolidated financial statements for FY25 (99.9999% in favor), declaration of a dividend of Rs. 7.00 per equity share of Re. 1 face value (99.9999% in favor), and re-appointment of Mr. Noel Tata (96.57%) and Mr. Saurabh Agrawal (99.24%) as directors retiring by rotation. Shareholders also approved the long-term incentive payout to MD & CEO Mr. Pradeep Kumar Bakshi (99.23%), the appointment of Mr. Mukundan C. P. Menon as new Managing Director (98.80%), and the appointment of N L Bhatia & Associates as secretarial auditor for five years (99.9997%). A total of 3,27,620 shareholders were on the records as of the July 1, 2025 cut-off date, with around 79% of outstanding shares participating in the voting.
All routine AGM resolutions passed comfortably, confirming shareholder confidence in the board and management. The Rs. 7 per share dividend is the main tangible benefit for retail shareholders, while the new Managing Director appointment and Noel Tata's continuation signal leadership stability going forward.