Carborundum Universal Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 07, 2025
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Carborundum Universal Limited has informed the exchanges about its 71st Annual General Meeting (AGM) scheduled for Thursday, 7th August 2025 at 3:00 PM IST, to be held via Video Conferencing. Key business items include adoption of standalone and consolidated financial statements for FY25, declaration of a final dividend of ₹2.50 per equity share (face value ₹1), taking total FY25 dividend to ₹4.00 per share (including the ₹1.50 interim dividend already paid), and re-appointment of Mr. M M Murugappan (Non-Executive Chairman) as a director. Other items seek shareholder approval for appointing Sridharan & Sridharan Associates as Secretarial Auditor for five years at ₹2,00,000 remuneration, paying Mr. Murugappan a commission of up to ₹1 crore for FY26, and ratifying ₹5,00,000 remuneration for the Cost Auditor. The record date is 31st July 2025, with dividends to be paid by 26th August 2025, and remote e-voting window is 4th–6th August 2025.
This is a routine AGM notice, but it confirms a healthy combined dividend of ₹4 per share for FY25. The re-appointment of the long-standing Chairman and approval of his commission are standard governance items and unlikely to be controversial. No material surprise or negative event for shareholders; expect normal trading with focus on the final-dividend record date of 31st July 2025.