Tata Power AGM approves key resolutions, director appointments, and borrowing limits

Tata Power Company Limited successfully held its 106th Annual General Meeting (AGM) on July 4, 2025, via video conferencing. Shareholders approved the adoption of both standalone and consolidated audited financial statements for the year ending March 31, 2025, along with the declaration of a dividend on equity shares. Mr. Saurabh Agrawal was re-appointed as Director. Further bolstering its governance structure, the appointment of Mr. Pramod Agrawal as an Independent Director was also approved. Other business included approving the appointment of a Secretarial Auditor and ratifying the Cost Auditor's Remuneration. Shareholders also authorized an increase in the company's borrowing limits and the creation of charges on assets. These approvals reflect shareholder confidence in Tata Power's strategic direction and financial management. Dr. Praveer Sinha, Managing Director & CEO, presented the company’s financial and operational performance. Mr. N. Chandrasekaran, Chairman of the Board, acknowledged the contributions of employees and stakeholders.