Chaman Lal Setia Exports Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 22, 2025
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Chaman Lal Setia Exports has informed the exchanges that its 31st Annual General Meeting will be held on September 22, 2025 at 4:30 PM via video conferencing. Key agenda items include adopting audited financial statements for FY25, declaring a final dividend of ₹2.50 per share (125%) on a face value of ₹2, and re-appointing two executive directors — Mr. Ankit Setia and Mr. Sankesh Setia — who retire by rotation. The company is also seeking shareholder approval to revise the remuneration of both executive directors from ₹6 lakh to ₹10 lakh per month, effective September 1, 2025, along with appointing M/s Sunil Dhawan & Associates as Secretarial Auditor for five years (FY26 to FY30). The record date for dividend eligibility is September 15, 2025, and e-voting will be open from September 19 to September 21, 2025.
The proposed 125% dividend is a positive signal for income-focused shareholders, with a record date of September 15, 2025. The sharp increase in promoter executive remuneration (about 67% per director) may draw attention from governance-focused investors but is unlikely to materially affect the stock on its own.