Ahluwalia Contracts (India) Limited announced the proceedings of the 46th Annual General Meeting (AGM), where a dividend of ₹0.60 per share (30%) for the financial year 2024-25 was declared. The meeting, held on September 29, 2025, was conducted via video conference and other audio-visual means.
The AGM, hosted from the company's office in Okhla Industrial Area, New Delhi, was chaired by Mr. Bikramjit Ahluwalia, Chairman and Managing Director. The meeting addressed key items, including the adoption of financial statements and the re-appointment of directors.
Key Highlights of the AGM:
- Dividend Declaration: A dividend of ₹0.60 per share (30%) was declared for the financial year 2024-25.
- Adoption of Financial Statements: The standalone and consolidated financial statements for the fiscal year ending March 31, 2025, were adopted.
- Re-Appointment of Director: Mr. Shobhit Uppal, who retired by rotation, was re-appointed as a director.
- Appointment of Statutory Auditors: M/s SCV & Co LLP, Chartered Accountants, were appointed as the statutory auditors.
- Ratification of Remuneration of Cost Auditors: The remuneration of cost auditors for the financial year 2025-26 was ratified.
- Appointment of Secretarial Auditor: Mr. Santosh Pradhan, Company Secretaries, was appointed as the secretarial auditor.
The meeting also included a question and answer session where shareholders' queries were addressed by the management. Shareholders generally congratulated the management on the company's overall performance.
The results of the e-voting, which commenced on September 26, 2025, and concluded on September 28, 2025, will be announced separately.
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