ALPHA TRIBE

Elgi Equipments LimitedOthers, 13-08-2025: Shareholders meeting

13-08-2025 | 03:03 pm

Elgi Equipments announced the voting results from its 65th Annual General Meeting, with shareholders approving all six proposed resolutions. This includes the adoption of the audited financial statements for the last financial year and the declaration of a dividend. Shareholders re-appointed Mr. Sudarsan Varadaraj as a Director, with 83.59% votes in favor, and ratified remuneration for Cost Auditors. Crucially, Mr. Jairam Varadaraj was re-appointed as Managing Director for another five years, receiving 98.52% approval. These approvals underscore shareholder support for the company's governance, financial matters, and continued leadership, setting the stage for future operations.

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