SML Isuzu shareholders approve all resolutions at 41st AGM

SML Isuzu Limited announced the successful passing of all 14 resolutions at its 41st annual general meeting (AGM) held on Friday, September 26, 2025. A total of 38,079 shareholders were on record as of September 19, 2025. Total votes polled across all resolutions amounted to 8,818,612 shares from a total of 14,471,646 shares, representing a 60.93% participation rate.

Key approvals included the adoption of the audited financial statements for the fiscal year ended March 31, 2025, and the declaration of a final dividend of INR 18 per equity share. Shareholders also approved the appointment of M/s B S R & Co. LLP as statutory auditors. These ordinary resolutions received over 99.99% votes in favor from the polled votes, indicating strong shareholder consensus.

Additionally, special business items such as the appointment of Vinod Kumar Sahay as whole-time director and re-designated "executive chairman," and Dr. Venkataraman Srinivas as whole-time director and chief executive officer, were approved with a significant majority. Other independent director appointments and changes to the memorandum and articles of association also passed with requisite majority.