Orient Cement Limited — Others, 08-08-2025: Shareholders meeting

Orient Cement's shareholders have overwhelmingly approved all six resolutions at the company's recent Annual General Meeting. Key items passed include the adoption of the audited financial results for the past financial year and the declaration of a dividend. Shareholders also greenlit the appointment of statutory and secretarial auditors for five-year terms. Importantly, a material related party transaction with Adani Global PTE received strong support from public shareholders, with promoters abstaining due to interest. Additionally, the waiver of recovery of excess remuneration paid to the former MD & CEO was ratified. This outcome signifies solid shareholder alignment, ensuring business stability and corporate governance.