Nalco shareholders approve financials, re-appoint directors at AGM

National Aluminium Company Limited’s 44th annual general meeting, held on Friday, September 26, 2025, saw shareholders approve the audited financial statements for the fiscal year ended March 31, 2025, with 99.50% of valid votes cast in favor. Shareholders also confirmed the payment of interim dividends and declared a final dividend of ₹2.50 per share, totaling ₹10.50 per share including interim dividends, with 99.99% voting in favor.

Key re-appointments of directors were also approved during the meeting. Pankaj Kumar Sharma was re-appointed as director (production), receiving 82.37% of valid votes. Additionally, Vivek Kumar Bajpai was appointed as part-time official director, and Dr. Tapas Kumar Pattanayak was appointed as director (HR) with 88.88% of valid votes.

Further resolutions included the re-appointment of Brijendra Pratap Singh as chairman-cum-managing director with 96.82% of votes, and Abhay Kumar Behuria as director (finance) with 88.88% of votes. Dr. Ajay Narang and Patel Sanjaykumar were re-appointed as part-time non-official (independent) directors, receiving 93.32% and 82.39% of votes respectively. Trupti Kamlesh Patel was also re-appointed as part-time non-official (independent) director, with 95.44% of votes. The remuneration of cost auditors, M/s. BSS & Associates, for the financial year ending March 31, 2026, was ratified at ₹4 lakh plus applicable GST, and M/s. Saroj Ray & Associates were appointed as secretarial auditors for five years, commencing 2025-26. All resolutions were passed with the requisite majority.