AFCONS Infrastructure Limited held its 49th annual general meeting (AGM) on Friday, 25 July 2025, in which shareholders approved a dividend of ₹ 2.5 per equity share for the financial year ended on 31 March 2025. In this meeting organized through video conferencing, Mr. Subramanian Krishnamurthy and Shri Srinivasan Paramashivam were re -appointed as directors.
| Special things | Acquaintance |
|---|---|
| Dividend per share | ₹2.5 |
| Last date of financial year | 31 March, 2025 |
Key proposals and voting information
The AGM included several proposals, all of which were passed by an overwhelming majority. In the main proposals, adopting the financial results audited, the declaration of dividend, appointment/re -appointment of directors, appointment of branch and secretary auditors, confirmation of the ration of the cost auditor, reconstruction and rationalization as deputy managing director of Mr. Giridhar Rajagopalan, reminal, increase in borrowing, mourning The release of non-convertible debentures included.
Appointment of directors
Sharedharaks gave the re-appointment of Shri Subramanian Krishnamurthy and Shri Srinivasan Param Shivam, who was retired from Rotassion.
Other main approvals
The meeting also included increasing the company’s borrowing limit to ₹ 50,000 crore and approval to make morning and/or fee of up to ₹ 50,000 crore on the company’s properties. Additionally, it was approved to release non-convertible debentures/bonds/other instruments on a private placement basis of up to ₹ 750 crore.
AGM proceedings
The AGM started at 3:00 pm and ended at 4:30 pm as per Indian Standards Time (IST). Chairman of the Board, Mr. Shapoorji Pallaonji Mistry presided over the meeting. The meeting was attended by board members, auditor and shareholders through video conferencing. The chairman gave his speech, followed by Mr. Subramanian Krishnamurthy, Executive Vice Chairman and Mr. Srinivasan Paramashivam, Managing Director, who gave corporate observation and financial performance of the company for the financial year 2024-25.
Summary of voting
The results of voting showed that all proposals received strong support. For example, 99.6029 percent votes were cast in favor of the proposal to adopt an audited financial results, while 99.9994 percent votes were cast in favor of the proposal to announce a dividend of ₹ 2.5 per share. The regeneration of Shri Subramanian Krishnamurthy and Shri Srinivasan Paramashivam also received huge support, with 99.4659 percent and 99.5459 percent votes respectively.
Shareholder participation
Out of 2,70,210 shareholders by the record date (July 18, 2025), 115 public shareholders attended the meeting through video conferencing. E-voting facility was available for members before and during the AGM, which ensured widespread participation in the decision-making process.