Maharashtra Seamless shareholders approve dividend, director appointments at 37th AGM

Maharashtra Seamless Limited announced the successful completion of its 37th Annual General Meeting (AGM) held on August 28, 2025, through video conferencing, with all six resolutions receiving requisite majority approval. Shareholders adopted the audited financial statements for the financial year ended March 31, 2025, and approved a dividend of INR 10.00 per equity share of INR 5/- each.

Key appointments were also confirmed, with Dharam Pal Jindal re-appointed as a director and Dipika Agarwal appointed as an independent director for a five-year term starting September 28, 2025. Furthermore, shareholders ratified the remuneration of cost auditors M/s R. J. Goel & Co. for the financial year ending March 31, 2026, and approved the appointment of M/s Ajit Mishra & Associates as secretarial auditors.

The voting results, encompassing both remote e-voting and e-voting at the AGM, showed strong shareholder support for the board's recommendations. The overall voter turnout was 78.87% for the financial statements and 79.20% for the dividend declaration, indicating confidence in the company's governance and strategic direction.