Well-attended by 120 shareholders, a new independent director was appointed, as well as the welcoming of two new A Class and B Class directors.

Shareholders also approved a change to the constitution amending the eligibility criteria for member-directors.

Having been incredibly vocal and active in the lead up to the meeting in urging others to vote against MI's three motions, Kel Williams was devastated when all were passed.

He was hopeful his fellow shareholders would express their concerns over MI's management.

"I was disappointed that the majority of irrigators did not bother to vote at all. I thought we were home and hosed," he said.

But for John Bonneti, he said the passing amendments to board rules which would allow young people a place.

"To be eligible [for the board] you have to have land and water in your own name.

And a lot of people because of family structures, their farms and businesses are under different names," he explained.

"So this is a way to try and capture those younger people, that untapped young talent that may be interested in standing for the board.

"MI also showed a very healthy financial position - lets hope it bloody starts raining shortly or we will be all out of here anyway."

MI Chairman Nayce Dalton said MI was pleased to see such a large turnout at the meeting, with a "range of issues openly discussed."

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Managing director Brett Jones explained this year's highlights were maintaining the 1.3 per cent CPI for the third year in a row, the cost reduction of delivery entitlements to $9.44, halving MI's area of operations with a 300,000 hectare handover to Gunbar Water, as well as the modernisation of 535 farm outlets and 25 regulators.

Mr Jones welcomed the conclusion of the Private Irrigator Infrastructure Operators Program (PIIOP) this year, believing it "very successful."

Michael Carter was appointed the new independent director for a three-year term. Newly appointed A Class member-director Tracey Valenzisi and returning B Class member-director Hayden Cudmore were also welcomed.

Retiring directors Frank Sergi and Leith Boully were farewelled.

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