Andhra Petrochemicals concludes AGM, reappoints directors, sets remuneration

Andhra Petrochemicals Limited announced the outcome of its 41st Annual General Meeting (AGM), held on September 20, 2025. Dr. V. N. Rao ceased to be an independent director as his first term concluded and he was not reappointed.

The AGM proceedings included the reappointment of V. Raghunath and K. S. S. Aditya as directors, both eligible and offering themselves for reappointment by rotation. Additionally, G. S. V. Prasad was appointed as an independent director for a second five-year term, and Dr. (Smt) D. Manjulata was appointed as a non-executive, non-independent director.

The company also approved the reappointment of M/s C.V. Ramana Rao & Co. as statutory auditors for FY 2025-26 with remuneration of INR 500,000, and ratified the remuneration of INR 200,000 for cost auditors M/s Narasimha Murthy & Co. Nekkanti S.R.V.V.S. Narayana & Co. was appointed as secretarial auditor for five years, commencing April 1, 2025. All resolutions were passed with the requisite majority.