Lloyds Enterprises shareholders approve all resolutions at 39th AGM

Lloyds Enterprises Limited successfully concluded its 39th Annual General Meeting (AGM) on Friday, August 29, 2025, with all proposed resolutions passed by the requisite majority. The meeting, held via video conferencing/other audio-visual means, saw participation from 8 promoters and promoter group members, and 65 public shareholders. Total votes polled across all resolutions amounted to 1,015,198,214 shares, representing 79.80% of the total shares held.

Key ordinary resolutions passed included the adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2025, and the appointment of Rajesh Gupta as a director liable to retire by rotation. These resolutions saw over 98% votes in favor, with the financial statements receiving unanimous approval (100.00% votes in favor). Shareholders also approved the declaration of dividend for the financial year ended March 31, 2025, with 100.00% votes in favor.

Special resolutions, such as the appointment of M/s. Mitesh Shah & Co. as secretarial auditors for five consecutive years and the continuation of directorship for Jagannath P. Dange, also passed with strong majorities, garnering 99.88% votes in favor. The approval for the revision of remuneration for the managing director also passed with 98.42% votes in favor.