Scrutinizer Report for the 78th Annual General Meeting of VTM Limited
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VTM Limited held its 78th AGM on 2nd July 2025 at its registered office in Sulakarai, Virudhunagar. Four ordinary resolutions were put to vote, covering adoption of audited financial statements for FY ending March 2025, declaration of dividend on equity shares, re-appointment of Smt. Uma Kannan as Director (retiring by rotation), and ratification of Rs. 70,000 remuneration to Cost Auditor Mr. A.N. Raman for FY 2025-26. A total of 68,857,877 votes were polled out of 100,569,000 shares, giving a turnout of 68.47%. All four resolutions were passed with 100% votes in favour and zero votes against. The promoter group polled 91.12% of their holding, while public retail participation was very low at just 0.54%.
Routine procedural filing confirming smooth conduct of the AGM with unanimous shareholder approval on all resolutions, including a dividend declaration. Low retail voting turnout and no dissent suggest no governance concerns, though the lack of institutional voter participation may reflect limited institutional interest in the stock.