Annual Report for the FY 2024-25
ASTAR · price
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Asian Star Company Limited has filed the notice of its 31st Annual General Meeting along with the Annual Report for FY 2024-25. The AGM is scheduled for Monday, September 29, 2025 at 2:00 PM via video conferencing. Shareholders will consider adoption of audited financial statements, declaration of a final dividend of Rs. 1.50 per equity share (record date: September 22, 2025), and re-appointment of retiring directors Mr. Priyanshu A. Shah and Mr. Dharmesh D. Shah. Special business includes appointment of M/s Yogesh D. Dabholkar & Co. as Secretarial Auditors for 5 years (FY 2025-26 to FY 2029-30) with FY 2025-26 remuneration of Rs. 75,000, and re-appointment of Mr. Vipul P. Shah as CEO & MD, Mr. Arvind T. Shah as Whole-time Director, and Mr. Rahil V. Shah as Whole-time Director, each for 5 years from January 1, 2026, with proposed annual salaries of Rs. 1.75 crore, Rs. 1.25 crore, and Rs. 75 lakh respectively. Remote e-voting will be open from September 26 to September 28, 2025.
Shareholders on the record date of September 22, 2025 will be eligible for the Rs. 1.50 per share dividend. The re-appointments of the promoter-family directors at unchanged remuneration and the appointment of a new secretarial auditor are routine governance items requiring shareholder approval; no material strategic change is signaled.