Appointment of Secretarial Auditors
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JK Cement's board approved audited financial results for Q4 and FY25, with statutory auditors M/s SR Batliboi & Co LLP issuing an unmodified opinion. The board recommended a dividend of Rs. 15 per share (150% on face value of Rs. 10) for FY25, subject to shareholder approval at the 31st AGM on 18th July 2025. M/s Sanjay Grover & Associates were appointed as Secretarial Auditor for a 5-year term from 1st April 2025 to 31st March 2030. Mr. Paul Heinz Hugentobler, a Non-Executive Non-Independent Director, was recommended for re-appointment on retirement by rotation. The record date for the AGM and dividend is 8th July 2025.
The 150% dividend signals strong cash flows and shareholder returns, while the clean audit opinion and routine governance appointments suggest stability with no red flags for investors.