Voting results and scrutinizers report attached
Awaiting price reaction for this filing.
Mangalore Chemicals & Fertilizers held its 58th Annual General Meeting on August 21, 2025, via video conferencing. Shareholders approved all 6 resolutions with overwhelming majority (over 99% in favor across all items). Key resolutions included adoption of audited financial statements for FY2024-25, declaration of a dividend of Rs. 1.50 per equity share (15% on face value of Rs. 10), and re-appointment of Mr. Akshay Poddar (DIN: 00008686) as a director, who retires by rotation. Total of 80,164,849 votes were polled out of 118,515,150 outstanding shares, representing 67.64% participation. Only 1 shareholding entity's votes (250 shares) were declared invalid for lacking proper authorization.
Routine AGM approval with no surprises — the Rs. 1.50 dividend is confirmed for shareholders of MCFL, and Akshay Poddar continues on the board. Strong voting margins indicate stable management continuity with no meaningful shareholder dissent on any agenda item.