CIE Automotive India CEO, MD, chairman, board of directors and AGM

1,27,263 shareholders on the register on 23 Apr 2025; present: 0 promoters and 50 others; votes counted by Mr. Sachin Bhagwat / Sachin Bhagwat.The company's voting result (opens in a new tab)

1. Consideration and adoption of the Audited Financial Statements (along-with Audited Consolidated Financial Statements) of the Company for the Financial Year ended 31st December, 2024 along-with the Reports of the Board of Directors and Auditors thereon.MoreLess

   Ordinary
   99.89% for0.11% against

   Against: promoters 0.00% · institutions 0.40% · other public 0.04%

   Turnout: all 90.61% · promoters 100.00% · institutions 96.30% · other public 5.55%

2. Declaration of dividend of Rs. 7/- per ordinary Equity Shares of face value of Rs. 10/- each for the financial year ended 31st December, 2024.

   Ordinary
   99.89% for0.11% against

   Against: promoters 0.00% · institutions 0.40% · other public 0.00%

   Turnout: all 90.63% · promoters 100.00% · institutions 96.38% · other public 5.55%

3. To re-appoint Mr. Manoj Mullasery Menon (DIN: 07642469), who retires by rotation and being eligible offers himself for re-appointment, as a director liable to retire by rotation.

   Ordinary
   99.96% for0.05% against

   Against: promoters 0.00% · institutions 0.17% · other public 0.07%

   Turnout: all 90.63% · promoters 100.00% · institutions 96.38% · other public 5.55%

4. Ratification of Remuneration to Messrs. Dhananjay V. Joshi & Associates, Cost Accountants, (Firm Registration Number: 000030), as Cost Auditors to conduct the audit of the cost records of the Company for the Financial Year ending 31st December, 2025, amounting to Rs. 13,86,000 (Rupees Thirteen Lakhs Eighty-Six Thousand Only)MoreLess

   Ordinary
   100.00% for0.00% against

   Against: promoters 0.00% · institutions 0.00% · other public 0.02%

   Turnout: all 90.63% · promoters 100.00% · institutions 96.38% · other public 5.55%

5. Appointment of M/s. SVD & Associates, Company Secretaries (Firm Registration Number: P2013MH075200) as the Secretarial Auditors of the Company at the 26th Annual General Meeting for a term of 5 consecutive years, including the manner in which the remuneration and other terms of appointment of the Secretarial Auditors shall be fixed.MoreLess

   Ordinary
   96.99% for3.01% against

   Against: promoters 0.00% · institutions 11.15% · other public 0.02%

   Turnout: all 90.63% · promoters 100.00% · institutions 96.38% · other public 5.55%

6. Re-appointment of Mr. Manoj Mullassery Menon (DIN: 07642469) as Whole time Director of the Company for a period of 3 (Three) years with effect from 17th October, 2025, and the remuneration payable to him.MoreLess

   Ordinary
   99.97% for0.03% against

   Against: promoters 0.00% · institutions 0.09% · other public 0.07%

   Turnout: all 90.63% · promoters 100.00% · institutions 96.38% · other public 5.55%

7. Re-appointment of Mr. Ander Arenaza Alvarez (DIN: 07591785) as Whole-time Director of the Company, for a period of 3 (three) years with effect from 13th September, 2025 and the remuneration payable to him.MoreLess

   Special
   99.99% for0.01% against

   Against: promoters 0.00% · institutions 0.04% · other public 0.13%

   Turnout: all 90.63% · promoters 100.00% · institutions 96.38% · other public 5.55%

8. Approval of material related party transactions of the Company with Mahindra & Mahindra Limited which inter-alia are in the nature of sale of goods and services, purchase of goods or services, purchase of Assets, payment or receipt of interest for delayed or advance payments, paying the lease or rent for the property taken on lease by the Company and any other transfer of resources, services or obligation to meet the objectives or requirement (“Transactions”), provided that aggregate amount of all such Transactions taken together during a Financial Year shall not exceed Rs. 23,000 Million (Rupees Twenty Three Thousand Million).MoreLess

   Ordinary
   99.60% for0.40% against

   Against: promoters 0.00% · institutions 0.40% · other public 0.26%

   Turnout: all 24.47% · promoters 0.00% · institutions 96.38% · other public 0.35%

9. Approval of material related party Transactions of CIE Galfor SA with CIE Automotive SA which are in the nature of Cash Pooling Arrangement and Purchase of services.

   OrdinaryPromoters have an interest in it
   100.00% for0.00% against

   Against: promoters 0.00% · institutions 0.00% · other public 0.26%

   Turnout: all 23.91% · promoters 0.00% · institutions 94.19% · other public 0.35%

10. Approval of shifting of Registered Office of the Company from E Suite F9D, Grand Hyatt Plaza (Lobby Level), Off Western Express Highway, Santacruz (E), Mumbai – 400055 located in the State of Maharashtra under the jurisdiction of Registrar of Companies, Mumbai, to ‘G’ Block, Bhosari Industrial Estate, Near BSNL office, Bhosari, Pune – 411026, located in the State of Maharashtra under the jurisdiction of Registrar of Companies, Pune.MoreLess

    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 90.63% · promoters 100.00% · institutions 96.38% · other public 5.53%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Present: 0 promoters and 61 others.The company's voting result (opens in a new tab)

1. Consideration and adoption of the Audited Financial Statements (along-with Audited Consolidated Financial Statements) of the Company for the Financial Year ended 31st December, 2023 along-with the Reports of the Board of Directors and Auditors thereonMoreLess

   Ordinary
   99.84% for0.16% against

   Against: promoters 0.00% · institutions 0.62% · other public 0.06%

   Turnout: all 89.01% · promoters 100.00% · institutions 95.41% · other public 0.47%

2. Declaration of Dividend of Rs. 5/- per ordinary Equity Share of face value of Rs. 10 each for the financial year ended 31st December, 2023

   Ordinary
   100.00% for0.00% against

   Against: promoters 0.00% · institutions 0.00% · other public 0.06%

   Turnout: all 89.03% · promoters 100.00% · institutions 95.50% · other public 0.47%

3. Re-appointment of Mr. Ander Arenaza Alvarez (DIN: 07591785), who retires by rotation and being eligible offers himself for re-appointment, as a director of the Company liable to retire by rotation

   Ordinary
   99.90% for0.10% against

   Against: promoters 0.00% · institutions 0.37% · other public 0.47%

   Turnout: all 89.03% · promoters 100.00% · institutions 95.50% · other public 0.47%

4. Re-appointment of Mr. Anil Haridass (DIN: 00266080), who retires by rotation and being eligible offers himself for re-appointment, as a director of the Company liable to retire by rotation

   Ordinary
   98.48% for1.52% against

   Against: promoters 0.00% · institutions 5.83% · other public 0.45%

   Turnout: all 89.03% · promoters 100.00% · institutions 95.50% · other public 0.47%

5. Ratification of Remuneration payable to M/s. Dhananjay V. Joshi & Associates, Cost Accountants (Firm Registration Number 000030) appointed by the Board of Directors as Cost Auditors of the Company for the Financial Year ending 31st December, 2024MoreLess

   Ordinary
   100.00% for0.00% against

   Against: promoters 0.00% · institutions 0.00% · other public 0.10%

   Turnout: all 89.03% · promoters 100.00% · institutions 95.50% · other public 0.47%

6. Approval of material related party transactions of the Company with Mahindra and Mahindra Limited

   OrdinaryPromoters have an interest in it
   99.93% for0.07% against

   Against: promoters 0.00% · institutions 0.07% · other public 0.08%

   Turnout: all 23.32% · promoters 0.00% · institutions 95.50% · other public 0.43%

7. Approval of material related party transactions of CIE Galfor SA (a wholly-owned subsidiary of the Company) with CIE Automotive SA (ultimate holding Company of the Company).

   OrdinaryPromoters have an interest in it
   98.10% for1.90% against

   Against: promoters 0.00% · institutions 1.90% · other public 0.08%

   Turnout: all 23.32% · promoters 0.00% · institutions 95.50% · other public 0.43%

8. Re-appointment of Mr. Alan Savio D’Silva Picardo (DIN: 08513835) as Independent Director of the Company to hold the office for a second term of five consecutive years from 29th September, 2024 till 28th September, 2029MoreLess

   Special
   98.77% for1.23% against

   Against: promoters 0.00% · institutions 4.72% · other public 0.65%

   Turnout: all 89.03% · promoters 100.00% · institutions 95.50% · other public 0.47%

9. Re-appointment of Ms. Roxana Meda Inoriza (DIN: 08520545) as Independent Director of the Company to hold the office for a second term of five consecutive years from 29th September, 2024 till 28th September, 2029MoreLess

   Special
   98.84% for1.16% against

   Against: promoters 0.00% · institutions 4.43% · other public 0.65%

   Turnout: all 89.03% · promoters 100.00% · institutions 95.50% · other public 0.47%

10. Appointment of Ms. Nuria Gisbert Trejo (DIN: 10607049 as Independent Director of the Company to hold the office for a term of five consecutive years from 1st July, 2024 till 30th June, 2029

    Special
    99.80% for0.20% against

    Against: promoters 0.00% · institutions 0.76% · other public 0.43%

    Turnout: all 89.03% · promoters 100.00% · institutions 95.49% · other public 0.47%

11. Approval of revision in remuneration payable to Mr. Manoj Mullassery Menon (DIN: 07642469) as Whole-time Director of the Company

    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.01% · other public 0.48%

    Turnout: all 88.88% · promoters 100.00% · institutions 94.90% · other public 0.47%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

The company's voting result (opens in a new tab)

1. Divestment of entire stake in Jeco Jellinghaus GmbH (Jeco), Gesenkschmiede Schneider Gmbh (GSA), Falkenroth Umformtechnik GmbH (FUG), Schoneweiss & Co. GmbH (SCG) held by CIE Forging Germany GmbH ( CFG ), the wholly owned subsidiary of the CompanyMoreLess

   Special
   99.99% for0.01% against

   Against: promoters 0.00% · institutions 0.06% · other public 0.05%

   Turnout: all 87.19% · promoters 100.00% · institutions 86.49% · other public 18.79%

2. Approval of modification to material related party transactions of CIE Galfor SA with CIE Automotive SA

   OrdinaryPromoters have an interest in it
   98.97% for1.03% against

   Against: promoters 0.00% · institutions 1.04% · other public 0.35%

   Turnout: all 19.56% · promoters 0.00% · institutions 86.49% · other public 2.74%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

The company's voting result (opens in a new tab)

1. Appointment of Mr. Jairaj Purandare (DIN: 00159886) as a Director (Independent) of the Company to hold the office of the Independent Director for a term of five consecutive years from 10th June, 2023 till 9th June, 2028MoreLess

   Special
   99.83% for0.17% against

   Against: promoters 0.00% · institutions 0.73% · other public 0.11%

   Turnout: all 87.19% · promoters 100.00% · institutions 86.63% · other public 17.88%

2. Appointment of Mr. Shriprakash Shukla (DIN: 00007418) as Director (non-executive, non-independent, professional) of the Company, liable to retire by rotation

   Ordinary
   99.47% for0.53% against

   Against: promoters 0.00% · institutions 2.40% · other public 0.11%

   Turnout: all 87.19% · promoters 100.00% · institutions 86.63% · other public 17.88%

3. Approval for adoption of draft regulations numbering from 1 to 133, as contained in the draft Articles of Association circulated along-with the Notice, as the Articles of Association of the Company from the date of passing of the resolution, in substitution and to the entire exclusion of the extant Articles of Association of the Company.MoreLess

   Special
   96.32% for3.68% against

   Against: promoters 0.00% · institutions 16.59% · other public 0.11%

   Turnout: all 87.19% · promoters 100.00% · institutions 86.63% · other public 17.88%

4. Approval for revision in remuneration by way of commission payable to Independent Directors of the Company, with effect from the financial year ending 31st December, 2023 till the financial year ending 31st December, 2027, such that the commission in aggregate shall not exceed, one per cent of the net profits of the Company for each Financial Year as computed in the manner laid down in Section 198 of the Companies Act, 2013 or Rs. 30 million, whichever is lower; provided that none of the Independent Director shall, in any Financial Year, individually receive an aggregate remuneration including sitting fees exceeding Rs. 5 million.MoreLess

   Special
   99.88% for0.12% against

   Against: promoters 0.00% · institutions 0.26% · other public 2.35%

   Turnout: all 87.19% · promoters 100.00% · institutions 86.63% · other public 17.88%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.