Latest news with #GeneralMeeting
Hans India
2 hours ago
- Business
- Hans India
Adani Group brand value zooms 82% to $6.46bn
The Adani Group has emerged as the fastest-growing Indian brand this year, with its brand value up by 82 per cent, according to a new report. The Group's growth is attributed to aggressive and integrated infrastructure focus, surge in green energy ambitions, and increased brand equity across key stakeholders, said the 'Most Valuable Indian Brands 2025' report by London-based Brand Finance. The value of the Adani brand surged from $3.55 billion in 2024 to $6.46 billion, marking a substantial gain of $2.91 billion -- a testament to the Group's strategic clarity, resilience and commitment to sustainable growth. The increase in value this year is greater than the entire brand valuation reported in 2023, helping the Adani Group climb to rank 13 from 16 last year, according to the report. The company has seen record-breaking revenue, unprecedented growth and historic profitability. Addressing the 33rdAnnual General Meeting (AGM) of Adani Enterprises Ltd (AEL) this week, Gautam Adani, the Chairman of the Adani Group, said: 'In FY25, our numbers were strong. Across all our sectors, we did more than just scale. We created impact, inspired change, and most importantly, deepened our national commitment'. In terms of consolidated numbers, at the Group level, revenues grew by 7 per cent, EBITDA by 8.2 per cent, and Net Debt-to-EBITDA ratio remained healthy at 2.6x. Total revenues were Rs 2,71,664 crore, and adjusted EBITDA was Rs89,806 crore. 'Our capital investment across businesses is set to break all records. We anticipate an annual capex spend of $15-20 billion for the next five years. These are not just investments in our Group, but investments in the possibilities for doing our part to build India's infrastructure,' said Gautam Adani. Adani Power crossed 100 billion units of generation -- a scale never before matched by any private sector company. It is now well on track to reach 31 GW capacity by 2030. Meanwhile, showcasing a resilient economy amid robust policies, the collective brand value of the top-100 Indian companies reached $236.5 billion in 2025 to date. The Brand Finance ranking report results remained stable, reflecting a year of steady gains for major Indian brands across sectors.
Yahoo
2 days ago
- Business
- Yahoo
2025 Combined General Meeting Minutes
PRESS RELEASENantes, June 26, 2025 COMBINED GENERAL MEETING OF 26 JUNE 2025 All resolutions adopted by a very large majority John Browett, appointed Independent Director, elected Chairman of the Board of Directors The Combined General Meeting of Maisons du Monde shareholders convened on June 26, 2025, chaired by Françoise Gri and attended by members of the Board of Directors and the statutory auditors. The quorum for the General Meeting was 76.08%. Shareholders adopted by a very large majority all resolutions submitted for their vote, including: Approval of the annual and consolidated financial statements for fiscal year 2024, as well as the appropriation of profit proposed by the Board of Directors. Evolution of the Board of Directors' composition with the renewal of Cécile Cloarec's mandate as an independent director, the appointment of Casa Holdings (Majorelle) and Teleios Global Opportunities Master Fund as directors, and the appointment of John Browett as an independent director. At the close of this meeting, the newly constituted Board of Directors comprises 58% independent members, with each of the Group's two main shareholders retaining two seats on the Board. The Board of Directors meeting, which followed the General Meeting, appointed John as Chairman of the Board. John brings to Maisons du Monde Group over 25 years of experience leading prominent retail companies, both in the United Kingdom and internationally. His career notably includes roles as CEO of Dunelm Group plc, a major player in the furniture and home décor sector. François-Melchior de Polignac stated: "I'm delighted to welcome John to the Board. His considerable experience in the retail sector, particularly in furniture and home décor, and his leadership expertise will be essential assets to help us drive the transformation of our Group. I sincerely thank Françoise Gri for her invaluable support, notably in developing and structuring the Inspire Everyday plan, which is our roadmap today." John Browett declared: "I am deeply honored by the trust placed in me by both the shareholders and the Board of Directors of Maisons du Monde. My immediate objective as Chairman, alongside the entire Board and François-Melchior, will be to leverage my expertise and experience to accelerate the company's transformation." The presentation made at the General Meeting, the detailed voting results, and the video recording of the meeting are available on the Maisons du Monde website Financial calendar 25 July 2025 Half-Year 2025 Results 23 October 2025 Q3 2025 Sales About Maisons du Monde Maisons du Monde is the leading player in inspiring, accessible, and sustainable home and decoration. The Brand offers a rich and constantly refreshed range of furniture and decorative items in a multitude of styles. Leveraging a highly efficient omnichannel model and direct access to consumers, the Group generates over 50% of its sales through its online platform and operates in 10 European countries. Contacts Investor Relations Press Relations Denis Lamoureux Pierre Barbe Tel: (+33) 6 23 23 08 51 pbarbe@ Attachment 2025.06.26 MdM_Combined General Meeting_Minutes
Business Wire
2 days ago
- Business
- Business Wire
emeis 2025 Annual General Meeting
PUTEAUX, France--(BUSINESS WIRE)--Regulatory News: emeis (Paris:EMEIS): Guillaume Pepy, Chairman of the Board of Directors: " Today, we are particularly proud to announce, together with the Board of Directors and the Executive Management, that following the vote at our Annual General Meeting, emeis has become a mission-driven company. We have enshrined four major mission commitments in our statutes: The first: 'Striving to change the way one looks at the most vulnerable and those close to them, to ensure they are truly included', because bonding with others is also a part of care. The second: "Contributing to the fair recognition and attractiveness of our care professions", because they have never been so vital. The third: "Making care for the most vulnerable a major contribution to local social cohesion", because it is essential to stand by all those who are committed. The fourth: "Innovating to foster a planet-friendly care that respects living things", because our health is also dependant on the world around us. The Group is now well equipped to ensure that together, as employees, experts and care and support professionals serving our patients, residents and their families and loved ones, and as actors in civil society, we will be able to rise to today's major societal challenges of mental health and elderly care.' Laurent Guillot, Chief Executive Officer:"After embarking on a three-year refoundation process, emeis is now entering a new phase in its transformation by becoming a mission-driven company. We are determined to take this path of progress to continue improving the quality of care and support we provide while aiming for excellence. Being a mission-driven company means being even more engaged. It means we are focusing on our fundamentals, our mission statement, "together, let's stand as a strength for the vulnerable among us.", our shared values, "a commitment to humanity, taste for life, thirst to learn and spirit of mutual aid" and our new emeis identity, which reflects our profound transformation and collective spirit. Our four commitments will be monitored by an independent Mission Committee chaired by Professor Didier Pittet, a renowned infectious disease expert and epidemiologist. The committee will be made up of qualified individuals, including experts from the healthcare sector and two employees. The mission commitments should have a positive impact across society. They commit us to working even harder alongside all those who serve in our sector, in the regions as well. They commit us to all our stakeholders, requiring us to be rigorous, transparent and deliver results. We're on a demanding, useful and meaningful path to continue the sector's transformation and help shape a more just, human and sustainable society '. Summary of voting results and other resolutions At the Annual General Meeting, the Company's shareholders approved, with the required majority, the resolutions relating to: - the approval of the 2024 financial statements, the allocation of net profit and the Statutory Auditors' report on related-party agreements; - the 2024 remuneration and benefits awarded to corporate officers ('say on pay' ex post); - the 2025 remuneration policy for corporate officers ('say on pay' ex ante); - the renewal or granting of financial delegations and authorisations to the Board of Directors; - amendments to the Company's Articles of Association to incorporate, in particular, its newly adopted status as mission driven company; - powers for formalities. Detailed voting results are available on the Company's website at About emeis With nearly 83,500 experts and professionals in the fields of health, care and support for the frail, emeis is present in some twenty countries and covers five business lines: psychiatric clinics, medical care and rehabilitation clinics, nursing homes, homecare services and residences. Every year, emeis welcomes nearly 280,000 residents, patients, and other beneficiaries. emeis is committed to meeting one of the major challenges facing our society: the growing number of people made vulnerable by accidents, old age and mental illness. emeis, 50.3% owned by Caisse des Dépôts, CNP Assurances, MAIF, and MACSF Épargne Retraite, is listed on Euronext Paris (ISIN: FR001400NLM4) and is a member of the SBF 120 and CAC Mid 60 indices. Website:
Time of India
2 days ago
- Business
- Time of India
Commodity inflation to fall, outlook appears positive in coming quarters: Nestle India CMD
Commodity inflation , which impacted volume growth in the last few quarters, is coming down as prices are stabilising but the upcoming quarters should see things returning to normal, the company's outgoing India Chairman & Managing Director Suresh Narayanan said on Thursday. However, commodities like coffee, cocoa remain at "decadal highs and that clearly puts an enormous amount of pressure in terms of managing the penetration-led growth and the bottom line (margins) of the company," said Narayanan, while addressing his last Annual General Meeting (AGM) for Nestle India . Going forward, Nestle will not like to go for price increases wherever it can, however, it will also depend on the commodity prices, as coffee, which is up 60-70 per cent and is "very difficult to manage", he said, adding that overall the outlook is "a bit more positive" in the upcoming quarters. Narayanan, who led Nestle during the Maggi crisis a decade ago, in a message to his successor Manish Tiwary, said "crisis is the new normal" and "adversity is the only thing that does not change". Narayanan, who addressed his 10th Nestle India AGM as Chairman, will retire on July 31, 2025 after serving 26 years, while Tiwary, former Country Manager of Amazon India, will get the baton from August 1, 2025, as per the succession plan announced last year. Live Events He said to mitigate the impact of food inflation, Nestle India took a series of cost-saving and efficiency initiatives. It also initiated price hikes, in a "responsible manner" to ensure that the volume is not impacted and category rules remain. "There have been short-term pressures... But hopefully, we will be getting back to the normal stride in the coming quarters and months," he said. Narayanan added that the commodity inflation clearly has "cast its shadow on the overall evolution of the company's volume". "22 of the last 32 quarters, the company has recorded double-digit growth, which means 10 quarters it has not been double-digit," he said, adding, "that has been largely in the last couple of quarters". "I am happy to report that things are stabilising. Sadly, we have had to make quite a few price increases, that really had a short-term impact on volumes," he said. "So we were going forward not to use price increases wherever we can, but again, it will depend on the extent of the cost increases. Like coffee, costs go up 60-70 per cent." Replying to another query, Narayanan said several new products launched by Nestle India are doing well. Nestle India launched over 150 new products after the Maggi crisis in 2015, which have contributed to 7 per cent of its sales. Moreover, Nestle, which gets around 8 per cent of total sales from e-commerce channels, and 6 per cent of them from hyperlocal delivery/quick-commerce platform, is taking a balanced approach between the channels. "Several of our new products are doing well on e-commerce channels," he said, adding, "Our general trade (kirana stores) and (physical) retail is very precious for us because of their hard work." Narayana will hang up his boots on July 31, 2025 after leading the company for 10 years. He joined the board of directors of Nestle India as Managing Director on August 1, 2015, after the Maggi crisis. Now India is among the top-10 markets of the Swiss FMCG major Nestle SA. It is now the "largest Maggi market globally" and the second largest out-of-home business for Nestle in the zone Asia, Oceania and Africa.
Business Wire
2 days ago
- Business
- Business Wire
Result of AGM
LONDON--(BUSINESS WIRE)-- 26 June 2025 Next 15 Group plc ('Next 15' or the 'Company') Results of Annual General Meeting Next 15 Group plc announces that at its Annual General Meeting held at 9:30am on 26 June 2025 at 60 Great Portland Street, London, W1W 6RT, all resolutions set out in the Notice of Annual General Meeting dated 6 May 2025, other than resolution 8 which was withdrawn, were duly passed by shareholders. Resolutions 1 to 13 were Ordinary Resolutions and Resolutions 14 to 17 were Special Resolutions. A summary of the resolutions passed and details of the proxy votes received are detailed below: Resolutions Votes For1 Votes Against Total Votes Cast Votes Witheld3 No. of Shares % of Shares voted No. of Shares % of Shares voted No. of Shares % of ISC voted2 1 To receive and adopt the Annual Report & Accounts for the year ended 31 January 2025 79,016,751 99.99% 371 0.01% 79,017,122 78.29% 298,772 2 To receive and approve the Directors' Remuneration Report for the year ended 31 January 2025 71,326,326 89.93% 7,986,123 10.07% 79,312,449 78.59% 3,445 3 To declare a final dividend of 10.6p per ordinary share 79,313,728 99.99% 371 0.01% 79,314,099 78.59% 1,795 4 To elect Mark Astaire as a Director 79,303,363 99.99% 6,088 0.01% 79,309,451 78.58% 6,443 5 To elect Mickey Kalifa as a Director 79,283,399 99.97% 27,752 0.03% 79,311,151 78.58% 4,743 6 To elect Samantha Wren as a Director 79,305,844 99.99% 4,088 0.01% 79,309,932 78.58% 5,962 7 To re-elect Penny Ladkin-Brand as a Director 76,572,297 98.52% 1,152,791 1.48% 77,725,088 77.01% 1,590,806 9 To re-elect Jonathan Peachey as a Director 79,282,994 99.97% 26,457 0.03% 79,309,451 78.58% 6,443 10 To re-elect Paul Butler as a Director 78,982,960 99.59% 326,491 0.41% 79,309,451 78.58% 6,443 11 To re-appoint Deloitte LLP as Auditor to the Company 79,171,833 99.82% 139,401 0.18% 79,311,234 78.58% 4,660 12 To authorise the Audit and Risk Committee (for and on behalf of the Board of Directors) to determine the Auditors' remuneration 79,173,104 99.82% 138,944 0.18% 79,312,048 78.59% 3,846 13 To authorise the Board to allot shares 70,538,545 88.95% 8,765,534 11.05% 79,304,079 78.58% 11,815 14 To authorise the disapplication of pre-emption rights 71,704,464 90.42% 7,599,765 9.58% 79,304,229 78.58% 11,665 15 To authorise the disapplication of pre-emption rights for the purposes of acquisitions or specified capital investment 70,085,275 88.38% 9,218,954 11.62% 79,304,229 78.58% 11,665 16 To authorise the Company to purchase its own shares 66,638,948 99.99% 3,033 0.01% 66,641,981 66.03% 12,673,913 17 That, subject to court approval, the amount standing to the credit of the Company's share premium account be cancelled 79,308,291 99.99% 5,387 0.01% 79,313,678 78.59% 2,216 Expand 1 Includes discretionary votes. 2 As at 24 June 2025, being the AGM voting record date, the Company's issued share capital ('ISC') consisted of 100,924,813 ordinary shares of 2.5p each ('Ordinary Shares'). No Ordinary Shares are held in treasury. Shareholders are entitled to one vote per share. 3 A "Vote Withheld" is not a vote in law and is not included in the calculation of votes "For" or "Against" a resolution. Expand Enquiries Next 15 Group plc Mark Sanford, General Counsel & Company Secretary +44 (0) 7590 928794 Deutsche Numis (Nomad & Joint Broker) +44 (0)20 7260 1000 Mark Lander Hugo Rubinstein Berenberg (Joint Broker) +44 (0)20 3207 7800 Ben Wright Mark Whitmore MHP Simon Evans Eleni Menikou Veronica Farah +44 (0)7812 590 682 Next15@ Expand
