Announced Wed, 24 Jun · 19:09 IST

Alufluoride AGM on 16 July; board recommends Rs 4 final dividend

Board & Shareholder Meetings View source PDF

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AI summary

Alufluoride will hold its AGM on 16 July 2026 at 11 AM via video conference. Board has recommended a final dividend of Rs 4 per share for FY 2025-26, with record date 3 July and payment from 21 July. Resolutions include adoption of audited financial statements, reappointment of Jyothsana Akkineni as director, ratification of cost auditor pay (Rs 75,000), and approval of higher pay for MD Venkat Akkineni (salary raised to Rs 5.5 lakh per month) and CEO Aditya Akkineni (up to Rs 2 crore per year) through July 2028. E-voting runs 13 to 15 July.

Likely market impact

Shareholders will get Rs 4 per share as final dividend if approved; executive pay for promoter directors is set to rise via special resolutions.