StockWatch
·
Cement & Cement Products
AGM/EGM1 Aug 2026, 05:50 pm

Shree Cement Shareholders Approve All AGM Resolutions

AI Summary

Shree Cement Ltd held its 47th Annual General Meeting (AGM) on July 31, 2026, where shareholders overwhelmingly approved all resolutions presented. These included the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, confirmation of interim dividend payment of ₹80 per equity share, and declaration of a final dividend of ₹70 per equity share for the same period. The re-appointment of Mr. Prashant Bangur as a director was also on the agenda. All resolutions passed with the requisite majority, indicating strong shareholder confidence.

Key Highlights

  • All resolutions at the 47th AGM were approved by shareholders.
  • Audited financial statements for FY26 were adopted.
  • Interim dividend of ₹80 and final dividend of ₹70 per share approved.
  • Shareholder turnout was robust, with high voting percentages in favour.
  • Promoters and public shareholders showed strong support for all agenda items.