BSECravatex LtdLowNeutral
Announced Wed, 6 Aug · 16:35 IST

Summary of Proceedings of 73rd Annual General Meeting of Cravatex Limited held on 6th August, 2025 at 3.30 p.m. IST is attached

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Cravatex Limited held its 73rd AGM on August 6, 2025, via video conferencing through NSDL, chaired by Mr. Rajesh Batra. The meeting considered 4 resolutions: adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025; declaration of a final dividend of Rs. 12.50 per equity share (125%) for FY25; re-appointment of Mr. Rohan Batra (DIN: 02574195) as Director retiring by rotation; and appointment of Ms. Rina Suresh Deora (DIN: 00774812) as Non-executive Independent Director for a 5-year term (May 20, 2025 to May 19, 2030) via special resolution. Both the statutory auditors' and secretarial auditors' reports were clean with no qualifications. Remote e-voting was open from August 3 to August 5, 2025, and results will be announced within two working days.

Likely market impact

Shareholders will receive a Rs. 12.50 per share final dividend (125%), and board continuity is maintained with the re-appointment of Mr. Rohan Batra alongside the addition of a new independent director. Clean audit reports reinforce governance credibility, though no major strategic or capital-raising decisions were announced.