Allied Digital shareholders back financials, dividends, director reappointments

Allied Digital Services Limited announced the results of its 31st annual general meeting held on September 10, 2025, revealing high shareholder approval across all 14 resolutions. Key approvals included the adoption of the audited standalone and consolidated financial statements for the year ended March 31, 2025, which passed with 99.2951% of votes in favor. Shareholders also approved a dividend declaration for the financial year ended March 31, 2025, with an overwhelming 99.9984% vote in favor.

Reappointments of board members also received significant support. Mrs. Tejal Prakash Shah, Mr. Milind Kamat, Mr. Nitin Shah, Mrs. Tejal Shah, Ms. Swanubhuti Jain, and Mr. Rohan Shah were reappointed or appointed with votes ranging from 99.2940% to 99.9996% in favor. Mr. Narsimha Rao Mannepalli was also appointed as a director and independent director with 99.9996% approval.

Additionally, resolutions regarding the revision of remuneration payable to Mr. Nehal Shah and Mr. Sunil Bhatt passed with 99.2936% and 99.2916% in favor, respectively. Waivers for the recovery of excess managerial remuneration paid to Mr. Nitin Shah and Mrs. Tejal Shah for the financial year 2024-25 were also approved, with 98.6996% and 98.6998% of votes in favor, respectively.