Annual Report for the 32nd AGM of the Company
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The company has fixed Thursday, September 4, 2025 (11:00 AM IST) as the date for its 32nd Annual General Meeting, to be held via video conferencing. The record date/cut-off is August 28, 2025, and the register of members will be closed from August 29 to September 4, 2025. E-voting will run from September 1 (9:00 AM) to September 3 (5:00 PM). Key business includes adopting FY25 audited results, declaring a 15% dividend (Rs. 1.50 per share on Rs. 10 face value), re-appointing Mrs. Muthulakshmi Ganesh by rotation, and re-appointing Mrs. Chitra Sivaramakrishnan as Whole-time Director for 3 years (till July 31, 2028) at Rs. 4.5 lakh per annum. A special resolution seeks to continue Mr. K.V. Aiyappan (Chairman) as Non-Executive Director beyond age 75. M/s. Porselvam & Associates are proposed as Secretarial Auditors for 5 years (FY26–FY30). Notably, shareholders will also vote on a special resolution to amend the object clause to add real estate, land development and technology-focused businesses.
Shareholders on the record date of August 28, 2025 are eligible for the Rs. 1.50 per share dividend, payable from September 4, 2025. The proposed diversification into real estate and tech-related businesses marks a significant strategic shift beyond the company's current NBFC/financial services scope, which could reshape its long-term growth direction and risk profile.