Srinivasan was the lone Presidential candidate put forward by the South Zone, from where he got the proposer and the seconder.
The AGM asserted Srinivasan's supremacy in India's richest sporting body with not even a single voice of dissent being heard during the proceedings of the day.
But he can resume his duties only after the Supreme Court gives its final verdict on the case filed against his candidature by the Cricket Association of Bihar secretary Aditya Verma.
Srinivasan's election was on expected lines despite the fact that he had his back against the wall on the issue of propriety after his son-in-law and Chennai Super Kings Team Principal Gurunath Meiyappan was charge-sheeted in the IPL betting and spot-fixing scandal.
Srinivasan's company India Cements owns Chennai Super Kings.
In another important decision, Ranjib Biswal, the Odisha Cricket Association chief, was named the IPL chairman, a post left vacant by Rajiv Shukla, who decided to resign at the end of his tenure this year.