Advait Energy Transitions AGM Approves ₹1.75 Dividend, Borrowing Limit Increase

Alpha Desk

September 23, 2025 / 12:35 IST

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Advait Energy Transitions Limited (formerly known as Advait Infratech Limited) announced the results of its 15th Annual General Meeting (AGM) held on September 19, 2025, where shareholders approved key resolutions, including a dividend of ₹1.75 per equity share and an increase in the company's borrowing power to ₹1,000 crore.

The meeting, which took place at Ahmedabad Management Association (AMA), saw the adoption of audited standalone and consolidated financial statements for the year ended March 31, 2025, and the re-appointment of M/s V. Goswami & Co. as statutory auditors.

Key Resolutions Approved:

Adoption of Audited Financial Statements for the year ended March 31, 2025.

Declaration of dividend at the rate of ₹1.75 (17.50%) per equity share of ₹10 each.

Re-appointment of Mr. Shalin Sheth (DIN: 02911544) who retires by rotation.

Re-appointment of M/s V. Goswami & Co., Chartered Accountants as the Statutory Auditors of the Company.

Appointment of Mr. Tejpal Singh Bisht (DIN: 02170301) as an Independent Director.

Approval of loan to be given to Advait Greenergy Private Limited under Section 185 of the Companies Act, 2013.

Increase the borrowing power of the Company to ₹1,000 Crores.

Creation of charge/security on the Company’s assets with respect to borrowing.

Approval of material Related Party Transactions with Advait Greenergy Private Limited.

Appointment of M/s RPSS & Co, Company Secretaries as Secretarial Auditors of the Company.

Approval of the sale of 2750 shares of Advait Greenergy Private Limited to Alethea Tradeline Private Limited.

The voting results, combining remote e-voting and poll, showed strong support for all resolutions, with the majority receiving 100% of valid votes in favor.

Dividend Details
Particulars	Details
Dividend per share	₹1.75
Dividend Percentage	17.50%
Face Value	₹10

Voting Details:

Record Date: September 12, 2025
Total Number of Shareholders on Record Date: 32,736
Number of Resolutions Passed: 11

The voting results for each resolution are as follows:

Resolution 1: Adoption of Financial Statements
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27179	0.7652	27168	11	99.9595	0.0405
Total	10929738	7328879	67.0545	7328868	11	99.9998	0.0002

Resolution 2: Declaration of Dividend
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27159	0.7646	27148	11	99.9595	0.0405
Total	10929738	7328859	67.0543	7328848	11	99.9998	0.0002

Resolution 3: Re-appointment of Mr. Shalin Sheth
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	26759	0.7534	26748	11	99.9589	0.0411
Total	10929738	7328459	67.0506	7328448	11	99.9998	0.0002

Resolution 4: Re-appointment of M/s V. Goswami & Co.
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27159	0.7646	27148	11	99.9595	0.0405
Total	10929738	7328859	67.0543	7328848	11	99.9998	0.0002

Resolution 5: Appointment of Mr. Tejpal Singh Bisht
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27179	0.7652	27168	11	99.9595	0.0405
Total	10929738	7328879	67.0545	7328868	11	99.9998	0.0002

Resolution 6: Approval of Loan to Advait Greenergy Private Limited
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27179	0.7652	27168	11	99.9595	0.0405
Total	10929738	7328879	67.0545	7328868	11	99.9998	0.0002

Resolution 7: Increase in Borrowing Power
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27179	0.7652	27168	11	99.9595	0.0405
Total	10929738	7328879	67.0545	7328868	11	99.9998	0.0002

Resolution 8: Creation of Charge/Security on Company’s Assets
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	0	0.0000	0	0	0.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27159	0.7646	27129	30	99.8895	0.1105
Total	10929738	27159	0.2485	27129	30	99.8895	0.1105

Resolution 9: Approval of Related Party Transactions with Advait Greenergy Private Limited
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27159	0.7646	27148	11	99.9595	0.0405
Total	10929738	7328859	67.0543	7328848	11	99.9998	0.0002

Resolution 10: Appointment of M/s RPSS & Co as Secretarial Auditors
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27179	0.7652	27168	11	99.9595	0.0405
Total	10929738	7328879	67.0545	7328868	11	99.9998	0.0002

Resolution 11: Approval of Sale of Shares of Advait Greenergy Private Limited
Category	No. of Shares Held	No. of Votes Polled	% of Votes Polled on Outstanding Shares	No. of Votes - In Favor	No. of Votes - Against	% of Votes in Favor on Votes Polled	% of Votes Against on Votes Polled
Promoter and Promoter Group	7301700	7301700	100.0000	7301700	0	100.0000	0.0000
Public Institutions	76047	0	0.0000	0	0	0.0000	0.0000
Public - Non Institutions	3551991	27179	0.7652	27168	11	99.9595	0.0405
Total	10929738	7328879	67.0545	7328868	11	99.9998	0.0002

Rajesh Parekh, Partner of M/s. RPSS & Co., Company Secretaries, served as the Scrutinizer for the remote e-voting and poll.

All Remote e-voting electronic data containing a list of equity shareholders who voted “FOR” and “AGAINST” each resolution and all other relevant records were handed over to the Chairman of the meeting.

Alpha Desk

first published: Sep 23, 2025 12:35 pm

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Advait Energy Transitions AGM Approves ₹1.75 Dividend, Borrowing Limit Increase

Advait Energy Transitions AGM Approves ₹1.75 Dividend, Borrowing Limit Increase

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