Devyani International Limited held its 35th Annual General Meeting (AGM) on August 14, 2026. Shareholders approved the adoption of the Audited Financial Statements for the Financial Year ended March 31, 2026, along with the Board and Auditors’ reports. Key resolutions also included the re-appointment of Mr. Raj Gandhi and Mr. Manish Dawar as directors, and Mr. Manish Dawar’s re-appointment as Whole-time Director, President & Group Chief Executive Officer. All resolutions passed with the requisite majority.
Devyani International Concludes 35th AGM
Devyani International Limited successfully convened its 35th Annual General Meeting (AGM) on Friday, August 14, 2026, which was held virtually via Webex facility. The meeting, attended by 349 members, commenced at 11:00 A.M. IST and concluded at 11:58 A.M. IST. The proceedings confirmed the successful transaction of all agenda items, with all proposed resolutions being passed by the requisite majority of the shareholders.
Key Resolutions Approved
Ordinary Business
Shareholders overwhelmingly approved the following ordinary resolutions:
- Adoption of the Audited Financial Statements for the Financial Year ended March 31, 2026, including the reports of the Board of Directors and Auditors.
- Adoption of the Audited Consolidated Financial Statements for the Financial Year ended March 31, 2026, including the Auditors’ Report thereon.
- Re-appointment of Mr. Raj Gandhi (DIN: 00003649) as a Director, liable to retire by rotation.
- Re-appointment of Mr. Manish Dawar (DIN: 00319476) as a Director, liable to retire by rotation.
Special Business
A special resolution was also passed approving:
- Re-appointment of Mr. Manish Dawar (DIN: 00319476) as a Whole-time Director of the Company, designated as President & Group Chief Executive Officer.
Voting Process and Outcomes
The AGM included both remote e-voting, which took place from August 11, 2026, to August 13, 2026, and e-voting during the meeting itself. The Scrutinizer’s Report, dated August 14, 2026, detailed the voting outcomes for each resolution. For all resolutions, the Assent votes significantly outnumbered the Dissent votes, indicating strong shareholder support for the management’s proposals.
Specifically:
- Resolution No. 1 (Adoption of Financials): Passed with 100% of valid votes in favour.
- Resolution No. 2 (Re-appointment of Mr. Raj Gandhi): Passed with 96.6291% of valid votes in favour.
- Resolution No. 3 (Re-appointment of Mr. Manish Dawar as Director): Passed with 99.9187% of valid votes in favour.
- Resolution No. 4 (Re-appointment of Mr. Manish Dawar as Whole-time Director): Passed with 99.8515% of valid votes in favour.
The proceedings and the consolidated Scrutinizer’s Report have been uploaded on the company’s website, www.dil-rjcorp.com, and NSDL’s website, www.evoting.nsdl.com, for public record.
Source: BSE
