Maithan Alloys' 40th AGM: all resolutions approved

Maithan Alloys Limited announced the results of its 40th Annual General Meeting (AGM) held on Saturday, September 27, 2025, where all five ordinary resolutions were passed with a requisite majority. The company utilized both remote e-voting and e-voting during the AGM.

Resolution No. 1, concerning the adoption of the financial statements for the year ended March 31, 2025, received 99.9998% of votes in favor. Resolution No. 2, for the approval of interim dividends of ₹3 per equity share and ₹7 per equity share, and the declaration of a final dividend, also passed with 99.9999% in favor.

The re-appointment of Subhas Chandra Agarwalla as a director (Resolution No. 3) was approved with 99.9801% of votes in favor, while the ratification of the cost auditor’s remuneration (Resolution No. 4) received 99.9877% approval. Lastly, the appointment of M/s. Patnaik and Patnaik as secretarial auditor for five years (Resolution No. 5) was passed with 99.9919% of votes in favor.