Arvind Fashions Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 26, 2025
ARVINDFASN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arvind Fashions has sent out the notice for its 10th Annual General Meeting (AGM) scheduled for August 26, 2025 at 11:00 AM via video conferencing. The Board has recommended a dividend of ₹1.60 per equity share on the face value of ₹4, with August 19, 2025 set as the record date. Key business items include adoption of audited financial statements, reappointment of two directors (Mr. Sanjaybhai Lalbhai and Mr. Suresh Jayaraman), and appointment of Ms. Amisha Jain as Managing Director & CEO for a 5-year term from August 13, 2025 to August 12, 2030, with a fixed pay of ₹31 lakh per month (capped at ₹40 lakh). The AGM also seeks shareholder approval for appointing M/s. N. V. Kathiria & Associates as Secretarial Auditors and for a fresh ESOP scheme covering up to 27 lakh equity shares for employees.
Positive signals for shareholders: a confirmed dividend payout and clear leadership continuity with a new MD & CEO appointment. The proposed ESOP could lead to mild equity dilution in the future, but the 27 lakh share cap is small relative to the company's size.