CCLNSECCL Products (India) Limited· Tea And CoffeeMediumNeutral
Announced Mon, 21 Jul · 18:25 IST

CCL Products (India) Limited has informed the Exchange regarding Change in Auditors of the company.

Management Changes View source PDF

CCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board fixed August 7, 2025 as the record date for a final dividend of Rs. 5 per equity share (face value Rs. 2). It approved the directors' report for FY25 and scheduled the 64th AGM for August 14, 2025 via video conference. The board re-appointed Sri Challa Rajendra Prasad, the founder-promoter, as Executive Chairman for another 5-year term from April 1, 2026, subject to shareholder approval. It also recommended M/s. P S Rao & Associates as Secretarial Auditor for a fresh 5-year term — the company clarified there is actually no change, as the firm has been the existing secretarial auditor and is merely being formally re-appointed.

Likely market impact

Eligible shareholders will receive a Rs. 5 final dividend with August 7, 2025 as the record date. The re-appointment of the founder as Executive Chairman and continuity of the secretarial auditor signal stable leadership and governance, which should be viewed positively by investors.