Indigo Paints' shareholders approve all resolutions at 25th AGM

Indigo Paints Limited announced the successful approval of all six resolutions at its 25th annual general meeting (AGM), held on August 30, 2025. A total of 157,652 shareholders were on record as of August 22, 2025, with 57 shareholders (3 promoters and 54 public) attending the meeting through video conferencing. Overall, 39,455,491 votes were polled from 47,634,707 total shares, representing 82.83% of the outstanding shares.

Key approvals included the adoption of the standalone and consolidated audited financial statements for the fiscal year ended March 31, 2025, with 99.82% votes in favor. Shareholders also declared a final dividend of INR 3.50 per equity share, receiving 99.9998% approval. The reappointment of Parag Jalan as a director saw 93.72% approval, and the appointment of Narayanankutty Kottiedath Venugopal as executive director received 90.80% in favor.

Additionally, the reappointment of M/s. ARKS and Co. LLP as secretarial auditor garnered 99.82% approval, and the ratification of remuneration for M/s. Harshad S Deshpande & Associates, cost auditors, was approved with 99.82% votes.