Raymond Ltd: All resolutions passed at 101st AGM held on July 14, 2026
Raymond Limited's 101st AGM on July 14, 2026, saw all resolutions passed with strong shareholder support. Key approvals included the FY26 financial statements, director reappointment, auditor appointment, and director commission. The company confirmed compliance with all regulatory requirements for the virtual meeting.
The passing of financial statements, director appointments, and auditor appointments are routine but essential corporate actions that impact governance and operational continuity. The overwhelming support suggests no significant concerns from shareholders.
All resolutions were passed with the requisite majority, indicating positive shareholder sentiment towards the company's proposals and governance.
Raymond Limited announced that all resolutions put forth at its 101st Annual General Meeting (AGM), held on July 14, 2026, were passed by the shareholders with the requisite majority. The AGM, conducted via video conferencing, included the adoption of Audited Standalone and Consolidated Financial Statements for the Financial Year ended March 31, 2026, the reappointment of Mr. Harmohan Sahni as a Director, the appointment of M/s. Price Waterhouse, Chartered Accountants, LLP as Statutory Auditors, and the approval of commission payment to Non-Executive Directors based on net profits.
The company submitted the e-voting results and the Scrutinizer's Report as per SEBI regulations. The voting period for remote e-voting commenced on July 10, 2026, and concluded on July 13, 2026. The results indicate overwhelming support for all resolutions, with a significant majority of votes cast in favor through both remote e-voting and electronic voting during the AGM. The Scrutinizer's report confirms compliance with relevant Companies Act and SEBI regulations for the virtual meeting.
The voting results and Scrutinizer's Report are available on the company's website (www.raymond.in) and the National Securities Depository Limited's website (www.evoting.nsdl.com).
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