Poly Medicure shareholders approve all 10 resolutions at 30th AGM

Poly Medicure Limited announced that all ten resolutions proposed at its 30th Annual General Meeting (AGM) on September 25, 2025, were duly approved by shareholders. This included the adoption of standalone and consolidated financial statements for the fiscal year ended March 31, 2025 (Resolution 1), and the declaration of a dividend on equity shares for the same period (Resolution 2).

Key special resolutions also passed with requisite majority. Mr. Jugal Kishore Baid and Mr. Amit Khosla were re-appointed as non-executive non-independent directors (Resolutions 3 and 4), and Ms. Sonal Mattoo was re-appointed as an independent director (Resolution 5). The company also secured approval for the creation of charges on movable and immovable properties for borrowing under Section 180 (1) (a) of the Companies Act, 2013 (Resolution 7).

Further approvals included an increase in borrowing limits from Rs.400 Cr to Rs.1000 Cr (Resolution 8), the appointment of Shri Pankaj Gupta as a whole-time director (Resolution 9), and the appointment of the secretarial auditor for five consecutive financial years from 2025-26 to 2029-30 (Resolution 10). The voting process included remote e-voting and e-voting at the AGM, with a high percentage of votes cast in favor across all resolutions.