Coromandel International Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 24, 2025
COROMANDEL · price
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Coromandel International has notified the 63rd Annual General Meeting to be held on July 24, 2025 at 3:30 PM via video conferencing, along with the Integrated Annual Report for FY 2024-25 sent electronically to shareholders. Book closure for AGM and dividend is set from July 18 to July 24, 2025, with e-voting open from July 21 to July 23, 2025. The company reported strong FY25 results with consolidated revenue of ₹24,085 crore (up 9% YoY) and PAT of ₹2,055 crore (up 25%). The company announced record phosphatic fertilizer sales of 4 million tons, Crop Protection revenue of ₹2,637 crore, exports crossing ₹1,000 crore, and retail expansion to ~900 outlets. Major strategic moves include a ₹820 crore acquisition of 53% stake in NACL Industries, increased stake in Senegal's BMCC to 53.8%, and ₹150 crore investment raising stake in Dhaksha drones to 58%, with a record capex commitment of nearly ₹2,000 crore.
This is primarily an administrative filing for the AGM, but the attached annual report reveals strong financial growth and aggressive expansion plans. Shareholders should note the book closure dates to ensure dividend eligibility, and the substantial capex and acquisition pipeline signals management's confidence in long-term growth.