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Shivalik Rasayan Declares 10% Dividend at AGM

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Shivalik Rasayan Limited announced the voting results of its 47th Annual General Meeting (AGM), declaring a 10% final dividend on equity shares for the financial year 2024-25. The meeting, held on September 27, 2025, also included the appointment and re-appointment of directors.

The company conducted the AGM through video conferencing, with 102 public shareholders and one promoter attending. As per Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the voting results were disclosed, showing strong support for all resolutions. Voting Results

The resolutions passed at the AGM are as follows:

  • Adoption of Audited Financial Statement: Approved the Audited Financial Statement (Standalone & Consolidated) for the financial year ended March 31, 2025.

  • Declaration of 10% Final Dividend: Declared a 10% final dividend on equity shares for the financial year 2024-25.

  • Appointment of Director: Appointed Mr. Rahul Bishnoi (DIN: 00317960) as a director, who retires by rotation and offered himself for re-appointment.

  • Appointment of Director: Appointed Mr. Ashwani Kumar Sharma (DIN: 00325634) as a director, who retires by rotation and offered himself for re-appointment.

  • Re-designation of Director: Approved the re-designation of Mr. Ashwani Kumar Sharma (DIN: 00325634) as a Non-Executive, Non-Independent Director of the Company.

  • Appointment of Secretarial Auditor: Appointed M/s AMJ & Associates, Company Secretaries as Secretarial Auditor of the Company.

  • Remuneration of Cost Auditors: Ratified the remuneration of the Cost Auditors for the financial year ending March 31, 2026.

    • Detailed Voting Data

    The following tables provide detailed voting data for each resolution:

    Resolution 1: Adoption of Audited Financial StatementCategoryMode of VotingShares HeldVotes Polled% of Votes PolledVotes in FavorVotes Against% Votes in Favor

    % Votes Against

    Promoter and Promoter GroupE-voting74616777461677100.0074616770100.00

    0Public InstitutionalPoll7483500.00000.00

    0Public non-institutionE-voting8213853192944723.4919294470100.00

    0

    Total8213853192944723.4919294470100.00

    0

    Total15750365939112459.6293911240100.00

    0

    Resolution 2: Declaration of 10% Final DividendCategoryMode of VotingShares HeldVotes Polled% of Votes PolledVotes in FavorVotes Against% Votes in Favor

    % Votes Against

    Promoter and Promoter GroupE-voting74616777461677100.0074616770100.00

    0Public InstitutionalPoll7483500.00000.00

    0Public non-institutionE-voting8213853192944723.4919294470100.00

    0

    Total8213853192944723.4919294470100.00

    0

    Total15750365939112459.6293911240100.00

    0

    Resolution 3: Appointment of Mr. Rahul BishnoiCategoryMode of VotingShares HeldVotes Polled% of Votes PolledVotes in FavorVotes Against% Votes in Favor

    % Votes Against

    Promoter and Promoter GroupE-voting74616777461677100.0074616770100.00

    0Public InstitutionalPoll7483500.00000.00

    0Public non-institutionE-voting8213853192944723.4919294470100.00

    0

    Total8213853192944723.4919294470100.00

    0

    Total15750365939112459.6293911240100.00

    0

    Resolution 4: Appointment of Mr. Ashwani Kumar SharmaCategoryMode of VotingShares HeldVotes Polled% of Votes PolledVotes in FavorVotes Against% Votes in Favor

    % Votes Against

    Promoter and Promoter GroupE-voting74616777461677100.0074616770100.00

    0Public InstitutionalPoll7483500.00000.00

    0Public non-institutionE-voting8213853192944723.4919294470100.00

    0

    Total8213853192944723.4919294470100.00

    0

    Total15750365939112459.6293911240100.00

    0

    Resolution 5: Re-designation of Mr. Ashwani Kumar SharmaCategoryMode of VotingShares HeldVotes Polled% of Votes PolledVotes in FavorVotes Against% Votes in Favor

    % Votes Against

    Promoter and Promoter GroupE-voting74616777461677100.0074616770100.00

    0Public InstitutionalPoll7483500.00000.00

    0Public non-institutionE-voting8213853192944723.4919294470100.00

    0

    Total8213853192944723.4919294470100.00

    0

    Total15750365939112459.6293911240100.00

    0

    Resolution 6: Appointment of Secretarial AuditorCategoryMode of VotingShares HeldVotes Polled% of Votes PolledVotes in FavorVotes Against% Votes in Favor

    % Votes Against

    Promoter and Promoter GroupE-voting74616777461677100.0074616770100.00

    0Public InstitutionalPoll7483500.00000.00

    0Public non-institutionE-voting8213853192944723.4919294470100.00

    0

    Total8213853192944723.4919294470100.00

    0

    Total15750365939112459.6293911240100.00

    0

    Resolution 7: Remuneration of Cost AuditorsCategoryMode of VotingShares HeldVotes Polled% of Votes PolledVotes in FavorVotes Against% Votes in Favor

    % Votes Against

    Promoter and Promoter GroupE-voting74616777461677100.0074616770100.00

    0Public InstitutionalPoll7483500.00000.00

    0Public non-institutionE-voting8213853192944723.4919294470100.00

    0

    Total8213853192944723.4919294470100.00

    0

    Total15750365939112459.6293911240100.00

    0

     All resolutions were passed with the requisite majority.

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