MCX shareholders back all proposals at annual general meeting
Multi Commodity Exchange of India Limited (MCX) held its annual general meeting (AGM) on September 12, 2025, where all seven proposed resolutions were passed by shareholders. A total of 264,810 shareholders were on record as of September 5, 2025, with 77 public shareholders attending the meeting through video conferencing.
Key approvals included the adoption of the standalone and consolidated financial statements for the fiscal year ended March 31, 2025. Shareholders also sanctioned a dividend of Rs. 30 per equity share of face value Rs. 10. Furthermore, the re-appointment of Arvind Kathpalia as a non-independent director was approved with 99.28% of votes in favor.
The appointment of V Sankar Aiyar and Co. as statutory and tax auditor for a five-year term was approved, along with AVS and Associates as secretarial auditors for the period FY 2025-26 to FY 2029-30. A significant special resolution was the approval of the sub-division of every one equity share of face value Rs. 10 into five equity shares of face value Rs. 2 each. All resolutions saw overwhelming support, with in-favor votes consistently exceeding 99% among polled shares for public institutions and non-institutions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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