Yasho Industries shareholders back resolutions, leadership appointments see dissent

Yasho Industries Limited announced that all resolutions proposed at its 39th Annual General Meeting (AGM) on September 9, 2025, were passed with the requisite majority. The total number of shareholders on the record date, September 2, 2025, was 26,642, with 33 attending the meeting virtually.

Key ordinary resolutions, including the adoption of the audited standalone and consolidated financial statements for the year ended March 31, 2025, and the declaration of a final dividend of ₹0.50 per equity share, received 100% of votes in favor from all categories. The appointment of Dhrumil M. Shah & Co. LLP as secretarial auditors for five consecutive years was also unanimously approved.

Special resolutions, such as the re-appointment and remuneration fixation for managing director and chief executive Mr. Parag Jhaveri, whole-time director Mr. Yayesh Jhaveri, and executive director and chairman Mr. Vinod Jhaveri, also passed. These resolutions, while receiving strong overall support, saw approximately 63.15% of votes against from public institutions for the leadership appointments.