CESC Limited has informed the Exchange regarding 'Intimation to shareholders under Reg. 36(1)(b) of SEBI, LODR, Regulations, 2015'.
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CESC Limited has informed the exchange about its 47th Annual General Meeting scheduled for September 11, 2025, at 10:30 AM via video conferencing, along with the Annual Report for FY 2024-25. For FY25, the company reported standalone total income of Rs. 9,765 crore (up 11.9%), PBT of Rs. 1,062 crore (up 15.2%), and PAT of Rs. 800 crore, with consolidated total income at Rs. 17,375 crore and PAT of Rs. 1,428 crore. An interim dividend of 450% (Rs. 4.50 per equity share) has already been paid and will be confirmed at the AGM. Key AGM resolutions include seeking shareholder approval for creating charges on company assets to secure borrowings up to Rs. 2,500 crore, appointing M/s Anjan Kumar Roy & Co as secretarial auditors for five years, and ratifying cost auditor remuneration. The filing also highlights business expansion including acquisition of Chandigarh Power Distribution (effective Feb 1, 2025) and renewable energy plans targeting 3.2 GW capacity by FY 2028-29.
The filing confirms steady FY25 performance with double-digit revenue growth and a healthy 450% dividend distribution for shareholders. The Rs. 2,500 crore borrowing authority and ambitious renewable energy expansion plan signal significant future capex, which could support long-term growth but may also raise leverage concerns.