Meeting Details

  • Date of Meeting: 10th July 2026
  • Type of Meeting: 72nd Annual General Meeting
  • Record Date: 3rd July 2026
  • Total Shareholders on Record Date: 49,951
  • Shareholder Attendance: 70 shareholders attended through Video Conferencing (1 Promoter/Promoter Group, 69 Public)
  • No shareholders were present in person or through proxy at the physical meeting location

Proposed Resolutions and Implications

Six resolutions were proposed at the AGM:

Resolution 1: Ordinary Business

Adoption of audited financial statements (standalone and consolidated) for the year ended 31st March 2026 and the Reports of the Directors and Auditors thereon.

Resolution 2: Ordinary Business

Confirmation of Interim Dividend of Rs. 156 per equity share (already declared and paid) and declaration of Final Dividend of Rs. 50 per equity share for the Financial Year ended 31st March 2026, totaling Rs. 206 per equity share.

Resolution 3: Ordinary Business

Re-appointment of Mr. Krishna Rallapalli (DIN 03384607) as a Director who retires by rotation.

Resolution 4: Ordinary Business

Re-appointment of Mr. Rohit Ghanshyamdas Totla (DIN 10391749) as a Director who retires by rotation.

Resolution 5: Ordinary Business

Appointment of M/s. Deloitte Haskins and Sells LLP, Chartered Accountants as the Statutory Auditor of the Company for five years (FY 2026-27 to FY 2030-31).

Resolution 6: Ordinary Business

Ratification of remuneration to Cost Auditors (M/s. Chandra Wadhwa and Co., Cost Accountants) for FY 2026-27.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting via National Securities Depository Limited (NSDL) from 9:00 AM IST on 7th July 2026 to 5:00 PM IST on 9th July 2026
  • E-voting facility at the AGM for shareholders attending through Video Conferencing/OVAM
  • No postal ballot was conducted
  • The votes were unblocked on 10th July 2026 around 4:15 PM IST after AGM completion in presence of two independent witnesses

Key Voting Outcomes

Resolution 1 - Adoption of Financial Statements

  • Total Votes Cast: 39,101,663 (85.8617% of outstanding shares)
  • Votes in Favor: 39,101,663 (100.0000% of votes cast)
  • Votes Against: 3 (0.0001% of votes cast)
  • Promoter Group: 27,871,723 votes (100% in favor)
  • Public Institutions: 11,208,639 votes (100% in favor)
  • Public Non-Institutions: 21,301 votes (99.9859% in favor), 3 against (0.0141%)

Resolution 2 - Dividend Declaration

  • Total Votes Cast: 39,127,249 (85.9178% of outstanding shares)
  • Votes in Favor: 39,124,130 (99.9920% of votes cast)
  • Votes Against: 3,119 (0.0080% of votes cast)
  • Promoter Group: 27,871,723 votes (100% in favor)
  • Public Institutions: 11,234,222 votes (99.9723% in favor), 3,115 against (0.0277%)
  • Public Non-Institutions: 21,300 votes (99.9812% in favor), 4 against (0.0188%)

Resolution 3 - Reappointment of Mr. Krishna Rallapalli

  • Total Votes Cast: 39,101,996 (85.8624% of outstanding shares)
  • Votes in Favor: 39,070,506 (99.9195% of votes cast)
  • Votes Against: 31,490 (0.0805% of votes cast)
  • Promoter Group: 27,871,723 votes (100% in favor)
  • Public Institutions: 11,208,979 votes (99.7192% in favor), 31,476 against (0.2808%)
  • Public Non-Institutions: 21,280 votes (99.9343% in favor), 14 against (0.0657%)

Resolution 4 - Reappointment of Mr. Rohit Ghanshyamdas Totla

  • Total Votes Cast: 39,101,996 (85.8624% of outstanding shares)
  • Votes in Favor: 39,072,296 (99.9240% of votes cast)
  • Votes Against: 29,700 (0.0760% of votes cast)
  • Promoter Group: 27,871,723 votes (100% in favor)
  • Public Institutions: 11,208,979 votes (99.7351% in favor), 29,693 against (0.2649%)
  • Public Non-Institutions: 21,287 votes (99.9671% in favor), 7 against (0.0329%)

Resolution 5 - Appointment of Statutory Auditor

  • Total Votes Cast: 39,102,006 (85.8624% of outstanding shares)
  • Votes in Favor: 39,101,903 (99.9997% of votes cast)
  • Votes Against: 103 (0.0003% of votes cast)
  • Promoter Group: 27,871,723 votes (100% in favor)
  • Public Institutions: 11,208,979 votes (100% in favor)
  • Public Non-Institutions: 21,201 votes (99.5165% in favor), 103 against (0.4835%)

Resolution 6 - Ratification of Cost Auditor Remuneration

  • Total Votes Cast: 39,102,006 (85.8624% of outstanding shares)
  • Votes in Favor: 39,101,903 (99.9997% of votes cast)
  • Votes Against: 103 (0.0003% of votes cast)
  • Promoter Group: 27,871,723 votes (100% in favor)
  • Public Institutions: 11,208,979 votes (100% in favor)
  • Public Non-Institutions: 21,201 votes (99.5165% in favor), 103 against (0.4835%)

Scrutinizer's Role and Findings

Mr. A. K. Labh of A. K. LABH & Company Secretaries was appointed as the Scrutinizer. His responsibilities included:

  • Making a Scrutinizer's Report of votes cast 'in favour' or 'against' based on reports from NSDL's e-voting system
  • Supervising the vote unblocking process on 10th July 2026 at 4:15 PM IST in presence of two independent witnesses
  • Counting votes and preparing results from both remote e-voting and e-voting at AGM

The Scrutinizer confirmed that all resolutions were passed with the required majority. Invalid votes totaled 1,030,480 across all resolutions.

Compliance Confirmation

The document confirms compliance with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 30 and 44)
  • Companies Act, 2013 (Section 108)
  • Companies (Management and Administration) Rules, 2014 (Rule 20)

Additional Information

The voting details and scrutinizer's report are available on the company's website (www.akzonobel.co.in) and NSDL's e-voting website (www.evoting.nsdl.com). The webcast recording of the AGM has been uploaded to the company's website.