Agarwal Industrial Corporation Limited has informed the Exchange about General Updates
AGARIND · price
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Agarwal Industrial Corporation held its 31st AGM on September 22, 2025, through video conferencing, with the required quorum present. Shareholders approved the audited standalone and consolidated financial statements for FY ending March 31, 2025, with both the Statutory and Secretarial Auditors' reports noted to be free from any qualifications or adverse remarks. A dividend of Rs. 3.30 per equity share (on shares of Rs. 10 face value) was declared for FY 2024-25. Mr. Ram Chandra Agarwal (DIN: 02064854), who retired by rotation, was re-appointed as Director. Shareholders also passed a special resolution granting omnibus approval for related party transactions for FY 2025-26, along with ordinary resolutions appointing the Cost Auditor and Secretarial Auditor for FY 2025-26.
Investors can expect a Rs. 3.30 per share dividend payout for FY25, which is a positive signal for income-focused shareholders. The clean audit reports, board continuity, and routine business approvals suggest stable operations, though the related party transactions approval is worth monitoring for governance purposes.