attaching herewith summary of proceeding of 40th AGM
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▲ 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 held its 40th AGM on September 30, 2025, via video conferencing, chaired by Managing Director Mr. Nitin Khara. The meeting lasted only 20 minutes (11:00 AM to 11:20 AM) and covered nine business items including adoption of FY25 financial statements, declaration of a final dividend of Rs. 0.25 (5%) per equity share, re-appointment of Mr. Sarvesh Khara as director, appointment of statutory and secretarial auditors, and approval of material related party transactions with four group entities (Sarju Impex, Confidence Enterprises, Confidence Petroleum India, and Gaspoint Petroleum). Remote e-voting was open from September 27–29, 2025, and voting results will be announced within 48 hours.
The 5% final dividend confirms a modest payout to shareholders for FY25. Multiple related party transactions with promoter-group companies were put to vote, which investors should monitor once voting results are disclosed, as they signal intra-group financial dealings.