Deepak Fertilisers and Petrochemicals Corporation Limited announced the key outcomes of its 45th Annual General Meeting (AGM), including the approval of dividend and the re-appointment of Mrs. Parul Sailesh Mehta as a Director.
The AGM was held on September 9, 2025, via video conferencing, where shareholders approved all resolutions with requisite majority.
Key Resolutions Approved:
- Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2025.
- Declaration of dividend on equity shares for the financial year ended March 31, 2025.
- Re-appointment of Mrs. Parul Sailesh Mehta (DIN: 00196410) as a Director, who retired by rotation.
- Ratification of remuneration payment to M/s Harshad S. Deshpande & Associates, Cost Accountants (Registration No. 00378).
- Appointment of GDR & Partners LLP, Company Secretaries, as Secretarial Auditors for five consecutive financial years from FY2025-26 to FY2029-30.
Voting Details:
The voting results, which were conducted through remote e-voting and e-voting (Insta Poll) at the AGM, showed strong support for all resolutions.
| Particulars | Details |
|---|---|
| Record Date | 02-09-2025 |
| Total Number of Shareholders on Record Date | 218762 |
| Shareholders Present in Meeting (in person or proxy) | 0 |
| Shareholders Attended Meeting through Video Conferencing | 52 |
| Promoters and Promoter Group | 5 |
| Public | 47 |
| Number of Resolutions Passed | 5 |
Details of Resolution 1: Adoption of Financial Statements
| Category | Mode of Voting | No. of Shares Held | No. of Votes Polled | % of Votes Polled on Outstanding Shares | No. of Votes - in Favour | No. of Votes Against | % of Votes in Favour on Votes Polled | % of Votes Against on Votes Polled |
|---|---|---|---|---|---|---|---|---|
| Promoter and Promoter Group | E-Voting | 57598775 | 57598775 | 100.0000 | 57598775 | 0 | 100.0000 | 0.0000 |
| Public Institutions | E-Voting | 30002095 | 23963877 | 79.8740 | 23963877 | 0 | 100.0000 | 0.0000 |
| Public- Non Institutions | E-Voting | 38636955 | 113063 | 0.2926 | 112881 | 182 | 99.8390 | 0.1610 |
| Total | 126237825 | 81675715 | 64.6999 | 81675533 | 182 | 99.9998 | 0.0002 |
Details of Resolution 2: Declaration of Dividend
| Category | Mode of Voting | No. of Shares Held | No. of Votes Polled | % of Votes Polled on Outstanding Shares | No. of Votes - in Favour | No. of Votes Against | % of Votes in Favour on Votes Polled | % of Votes Against on Votes Polled |
|---|---|---|---|---|---|---|---|---|
| Promoter and Promoter Group | E-Voting | 57598775 | 57598775 | 100.0000 | 57598775 | 0 | 100.0000 | 0.0000 |
| Public Institutions | E-Voting | 30002095 | 24102324 | 80.3355 | 24102324 | 0 | 100.0000 | 0.0000 |
| Public- Non Institutions | E-Voting | 38636955 | 113017 | 0.2925 | 112962 | 55 | 99.9513 | 0.0487 |
| Total | 126237825 | 81814116 | 64.8095 | 81814061 | 55 | 99.9999 | 0.0001 |
Details of Resolution 3: Re-Appointment of Director
| Category | Mode of Voting | No. of Shares Held | No. of Votes Polled | % of Votes Polled on Outstanding Shares | No. of Votes - in Favour | No. of Votes Against | % of Votes in Favour on Votes Polled | % of Votes Against on Votes Polled |
|---|---|---|---|---|---|---|---|---|
| Promoter and Promoter Group | E-Voting | 57598775 | 57598775 | 100.0000 | 57598775 | 0 | 100.0000 | 0.0000 |
| Public Institutions | E-Voting | 30002095 | 24090396 | 80.2957 | 23903006 | 187390 | 99.2221 | 0.7779 |
| Public- Non Institutions | E-Voting | 38636955 | 113063 | 0.2926 | 112462 | 601 | 99.4684 | 0.5316 |
| Total | 126237825 | 81802234 | 64.8001 | 81614243 | 187991 | 99.7702 | 0.2298 |
Details of Resolution 4: Ratification of Remuneration
| Category | Mode of Voting | No. of Shares Held | No. of Votes Polled | % of Votes Polled on Outstanding Shares | No. of Votes - in Favour | No. of Votes Against | % of Votes in Favour on Votes Polled | % of Votes Against on Votes Polled |
|---|---|---|---|---|---|---|---|---|
| Promoter and Promoter Group | E-Voting | 57598775 | 57598775 | 100.0000 | 57598775 | 0 | 100.0000 | 0.0000 |
| Public Institutions | E-Voting | 30002095 | 24090396 | 80.2957 | 24090396 | 0 | 100.0000 | 0.0000 |
| Public- Non Institutions | E-Voting | 38636955 | 113063 | 0.2926 | 112663 | 400 | 99.6462 | 0.3538 |
| Total | 126237825 | 81802234 | 64.8001 | 81801834 | 400 | 99.9995 | 0.0005 |
Details of Resolution 5: Appointment of Secretarial Auditors
| Category | Mode of Voting | No. of Shares Held | No. of Votes Polled | % of Votes Polled on Outstanding Shares | No. of Votes - in Favour | No. of Votes Against | % of Votes in Favour on Votes Polled | % of Votes Against on Votes Polled |
|---|---|---|---|---|---|---|---|---|
| Promoter and Promoter Group | E-Voting | 57598775 | 57598775 | 100.0000 | 57598775 | 0 | 100.0000 | 0.0000 |
| Public Institutions | E-Voting | 30002095 | 24100172 | 80.3283 | 23376932 | 723240 | 96.9990 | 3.0010 |
| Public- Non Institutions | E-Voting | 38636955 | 113063 | 0.2926 | 112490 | 573 | 99.4932 | 0.5068 |
| Total | 126237825 | 81812010 | 64.8078 | 81088197 | 723813 | 99.1153 | 0.8847 |
The successful passing of these resolutions reflects the confidence of the shareholders in the company's strategic direction and governance.
The successful passing of these resolutions reflects the confidence of the shareholders in the company's strategic direction and governance.
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