Tribhovandas Bhimji Zaveri shareholders approve all AGM resolutions

Tribhovandas Bhimji Zaveri Limited (TBZ) announced that all resolutions proposed at its 18th Annual General Meeting (AGM), held on Tuesday, September 9, 2025, were approved by shareholders. Resolutions included the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025, with 99.9998% of votes cast in favor.

Shareholders also approved the declaration of a dividend of INR 2.25 per equity share of INR 10 each, with 99.9999% of votes cast supporting the proposal. The re-appointment of Ms. Binaisha Zaveri and Mrs. Sudha Pravin Navandar as directors, along with the re-appointment of M/s. Chaturvedi & Shah LLP as statutory auditors and M/s. Pramod S. Shah & Associates as secretarial auditors, also passed with high approval rates, generally exceeding 99.999%.

Other special resolutions, including the re-appointment of Mr. Shrikant Zaveri and Ms. Raashi Zaveri as whole-time directors and the alteration of the Object Clause in the Memorandum of Association, also received strong shareholder backing. The meeting was conducted via Video Conferencing/Other Audio Visual Means, adhering to regulatory circulars.