ACC shareholders overwhelmingly approve related party transactions

ACC Limited announced the successful passing of an ordinary resolution to approve material related party transactions with Penna Cement Industries Limited. A postal ballot, conducted through remote e-voting, saw 99.50% of the total votes polled in favor of the resolution.

The e-voting period commenced on Thursday, October 9, 2025, and concluded on Friday, November 7, 2025. A total of 45,268,134 votes were exercised, representing 24.11% of the total paid-up equity capital. Of these, 45,041,966 votes (99.50%) were cast in assent, while 226,168 votes (0.50%) were cast in dissent.

The company engaged Central Depository Services (India) Limited to facilitate the e-voting process. The scrutinizer, Mr. Raimeen Maradiya of Chirag Shah and Associates, confirmed the transparency and fairness of the process. The results were posted on the company's website and submitted to both the National Stock Exchange of India and BSE Limited.