Re-appointment of Ms. Vijaya Latha Reddy (DIN: 06778078) as an Independent Director for a second term of 5 Consecutive years with effect from September 16, 2025 till September 15, 2030
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ADC India Communications' board met on May 27, 2025 and approved audited results for Q4 and FY ended March 31, 2025, with auditors SRBC & Co LLP issuing an unmodified opinion. Full-year revenue rose to Rs. 18,710 lakhs from Rs. 17,874 lakhs, while net profit grew about 18% to Rs. 2,446 lakhs (EPS of Rs. 53.17 vs Rs. 44.97 prior year). The board recommended a final dividend of Rs. 5 per share, taking total FY25 dividend to Rs. 30 per share (including Rs. 25 interim already paid). The 37th AGM is scheduled for August 8, 2025 via video conferencing, with book closure from August 2 to August 8. Ms. Vijaya Latha Reddy (former Deputy NSA of India) was re-appointed as Independent Director for a second 5-year term from September 16, 2025 to September 15, 2030, subject to shareholder approval. M/s. V Sreedharan and Associates was appointed as Secretarial Auditor for five years (FY25-26 to FY29-30), and several company policies were also amended.
Shareholders benefit from higher profits (~18% YoY growth) and a generous total dividend of Rs. 30 per share for FY25; routine governance items (director re-appointment, auditor appointment) are unlikely to materially move the stock but reinforce board continuity.