CELLONSECello World LimitedLowNeutral
Announced Fri, 18 Jul · 24:13 IST

Cello World Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 08, 2025

Board & Shareholder Meetings View source PDF

CELLO · 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

Cello World has notified the stock exchanges about its 7th AGM to be held on Friday, August 8, 2025, at 1:30 p.m. via video conferencing. The board is recommending a dividend of ₹1.50 per equity share (30%) on shares of face value ₹5 for FY2024-25, with the record date set as August 1, 2025. Shareholders will vote on re-appointing Managing Director Pradeep Rathod and five independent directors, adopting revised Articles of Association, and approving a new Employee Stock Option Scheme (Cello ESOP-2025) covering up to 66,26,551 equity shares. Remote e-voting will run from August 5 (9:00 a.m.) to August 7 (5:00 p.m.), and dividend will be paid on or after August 13, 2025.

Likely market impact

The proposed dividend rewards shareholders, while the new ESOP plan could lead to mild equity dilution if fully exercised. Investors must hold shares as of August 1, 2025, to be eligible for the dividend and to vote on the resolutions.