Announced Sat, 5 Sept · 12:33 IST

16th AGM notice: Re 1/share dividend and director pay hike on agenda

Board & Shareholder Meetings View source PDFExplain this filing

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AI summary

16th AGM of Cospower Engineering is on Sept 29, 2026 at 11 AM. Agenda includes FY26 accounts adoption, reappointment of two directors retiring by rotation, and Rs 1 per share dividend on 18,36,500 equity shares. Also up for approval is revision in remuneration of MD Felix Shridhar Kadam and WTD Oswald Rosario Dsouza from Rs 43.75 lakhs to Rs 66.25 lakhs per annum till Sept 3, 2027. Record date Sept 22, e-voting Sept 25-28, 2026.

Likely market impact

Shareholders will vote on Re 1 dividend, two director reappointments, and about 51 percent pay hike for two whole-time directors