Disclosure:I am market making in the shares of ICICI Pru Life)
I attended the ICICI Pru Life AGM today .
Was the only external shareholder to attend !!
Here is what I heard and saw:
- The Company Secretary read out the resolutions.They were moved ,seconded and passed by the shareholders
- The resolutions were:
- Adoption of Accounts
- Approval of Dividend-total dividend for the year is 5.85 Rs/share.The Board reiterated its commitment to have as high a dividend payout as possible
- Re-appointment of Adrian O’Connor as Director
- Re-appointment of Puneet Nanda as Director
- Re-appointment of S R Batliboi as Auditors
- Approval of remuneration of Mr.Sandeep Bakshi,MD
- Approval of remuneration of Mr.Puneet Nanda,ED
- Approval of remuneration of Mr.Sandeep Batra,ED
As expected,the AGM quickly got over.
