attaching herewith Annual Report FY-2024-25
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Confidence Futuristic Energetech Limited has submitted its Annual Report for FY 2024-25 along with the Notice convening its 40th Annual General Meeting, scheduled for Tuesday, September 30, 2025 at 11:00 AM via Video Conferencing. The AGM business includes adoption of audited standalone and consolidated financial statements, declaration of a final dividend of INR 0.25 (5%) per equity share of face value Rs. 5, re-appointment of Mr. Sarvesh Khara as director, and appointment of M/s. Kamdar & Daga as statutory auditors for five years. Special business items include approval for material related party transactions of up to Rs. 50 crores each during FY 2025-26 with subsidiary Sarju Impex Limited, subsidiary Confidence Enterprises Private Limited, holding company Confidence Petroleum India Limited, and group company Gaspoint Petroleum (India) Limited. The company's focus areas include CNG cylinders and an upcoming Type-4 High-Pressure Cylinder manufacturing facility at Butibori, Nagpur. The cut-off date for dividend and e-voting eligibility is September 23, 2025, with e-voting open from September 27 to September 29, 2025.
This is a routine annual report filing combined with AGM notice. Shareholders holding shares as of September 23, 2025 will be eligible for the Rs. 0.25 per share dividend. Investors should review the related party transaction proposals (totalling up to Rs. 200 crores with group entities) and the company's expansion into Type-4 cylinders and green hydrogen before voting. No immediate stock price impact is expected from this disclosure alone.