Birla Corporation Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 15, 2025
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Birla Corporation has informed exchanges that its 105th Annual General Meeting will be held on Monday, September 15, 2025 at 10:30 AM in Kolkata. The Board has recommended a dividend of ₹10 per share for FY25, with September 8, 2025 fixed as the record date. Shareholders will vote on key items including the re-appointment of Sandip Ghose as Managing Director and CEO for another 3 years from January 2026, adoption of a new Articles of Association, and appointment of M/s Mamta Binani & Associates as Secretarial Auditors for 5 years. The Annual Report for FY25 shows revenue of ₹9,312 crore and profit after tax of ₹295 crore, with the company reducing net debt from ₹3,003 crore to ₹2,244 crore. The company also plans to expand cement production capacity from 20 million tons to 27.6 million tons by FY29, supported by its 91% capacity utilization and 11% growth in premium product sales.
Shareholders of record on September 8, 2025 will receive a ₹10 per share dividend, with payouts expected within 30 days of the AGM. The filing is largely procedural, but the capacity expansion plan to 27.6 MT and deleveraging of the balance sheet signal a positive growth and financial strengthening story for investors.