Polycab India Limited Reports Proceedings and Voting Results of 28th AGM

Polycab India Limited successfully conducted its 28th Annual General Meeting (AGM) on July 16, 2024, via video conferencing. The meeting saw the approval of various resolutions, including the adoption of financial statements and the re-appointment of key directors.

On July 16, 2024, Polycab India Limited held its 28th AGM through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The meeting, which commenced at 9:00 a.m. and concluded at 9:55 a.m., was attended by shareholders, directors, auditors, and other stakeholders. The requisite quorum was present, allowing for the seamless execution of proceedings.

The key highlights of the meeting included the adoption of the audited standalone and consolidated financial statements, the declaration of dividends, and the re-appointment of directors and auditors. The event also featured presentations and a Q&A session where stakeholders expressed their views and received responses from the management.

Summary of Proceedings:

• Welcome Address: Ms. Manita Carmen A. Gonsalves, Company Secretary & Vice President Legal, initiated the meeting and welcomed all participants.
• Chairman's Speech: Mr. Inder T. Jaisinghani, Chairman & Managing Director, delivered his address, followed by a presentation from Mr. Gandharv Tongia, Executive Director & CFO.
• Reports and Statements: The Board of Directors' Report, financial statements, and auditors' reports were taken as read.
• Voting Process: The company utilized National Securities Depository Limited (NSDL) for remote e-voting and e-voting during the AGM, overseen by BNP & Associates as the Scrutinizer.

Key Resolutions Passed: