Gabriel India Limited's 63rd Annual General Meeting (AGM) was held on September 09, 2025, where shareholders approved the adoption of audited financial statements and the declaration of a final dividend for the financial year 2024-25.
The meeting, conducted via video conferencing, included shareholders who voted on resolutions related to the company's financial performance and governance. Savita Jyoti Associates, Company Secretaries, served as the scrutinizer for the e-voting process and the voting at the AGM.
Key resolutions passed at the AGM include:
- Adoption of Audited Financial Statements for the year ended March 31, 2025
- Adoption of Audited Consolidated Financial Statements for the year ended March 31, 2025
- Declaration of Final Dividend for the financial year 2024-25
- Appointment of Mrs. Anjali Singh as a director
- Ratification of Remuneration payable to M/s. Dhananjay V. Joshi & Associates, Cost Auditors
- Appointment of M/s. Mehta & Mehta as Secretarial Auditors
The results of the remote e-voting showed strong support for all resolutions. For the resolution to adopt the audited financial statements, 103,206,059 votes were cast in favor by 285 members, with 2 members voting against. The resolution to declare a final dividend saw 286 members voting in favor with 103,228,582 votes.
The voting results at the AGM also indicated overwhelming support for the resolutions. For the adoption of audited financial statements, 4 members voted in favor with 218 votes, while 1 member voted against.
The consolidated results, combining remote e-voting and AGM voting, showed that the resolution to adopt the audited financial statements received a total of 103,206,277 votes in favor, with 289 members voting remotely and 4 members voting at the AGM. The resolution for the declaration of a final dividend received 103,228,815 votes in favor.
The scrutinizer's report confirmed that all resolutions were passed with the requisite majority, ensuring compliance with the Companies Act, 2013, and SEBI regulations.
Nilesh Jain, Company Secretary, confirmed the successful completion of the AGM and the approval of all resolutions.
The scrutinizer's report, along with the voting results, will be available on the company's website and filed with the stock exchanges as per regulatory requirements.
Consolidated voting results for each resolution are as follows:
| Resolution | Votes in Favor | Votes Against | Invalid/Abstained |
|---|---|---|---|
| Adoption of Audited Financial Statements | 103,206,277 | 23 | 22,558 |
| Adoption of Audited Consolidated Financial Statements | 103,206,275 | 23 | 22,560 |
| Declaration of Final Dividend | 103,228,815 | 3 | 20 |
| Appointment of Mrs. Anjali Singh as Director | 101,132,394 | 2,096,309 | 155 |
| Ratification of Remuneration to Cost Auditors | 103,228,693 | 25 | 140 |
| Appointment of Secretarial Auditors | 101,233,452 | 1,995,266 | 140 |
The consolidated results, combining remote e-voting and AGM voting, are presented in Annexure C.
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