Annual General Meeting to be held on 04/07/2025 and Annual Report for the F.Y. 2024-25.
Awaiting price reaction for this filing.
Supreme Petrochem Ltd has announced its 36th Annual General Meeting to be held on Friday, July 4, 2025, at 4:00 PM IST via video conference. The company has posted strong FY24-25 results with net sales rising to ₹6,023 crore (from ₹5,253 crore) and net profit growing to ₹391 crore (from ₹346 crore). EPS improved to ₹20.77 from ₹18.43, and the board has recommended a total dividend of ₹10 per share (₹2.50 interim already paid plus ₹7.50 final, subject to shareholder approval). Key AGM agenda items include adoption of financial statements, director reappointments (Rajan B. Raheja, B.L. Taparia, and K.V. Mujumdar), appointment of a new secretarial auditor for 5 years, and ratification of cost auditor remuneration. Final dividend record date is July 4, 2025, with payment scheduled for July 21, 2025.
Positive signals for shareholders: revenue and profit growth, higher dividend payout, and stable operational metrics (ROACE of 24.86%). The stock may see modest interest around the AGM as the increased dividend and consistent profitability reinforce the company's steady performance, though the meeting itself is largely procedural.