CSL Finance Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 20, 2025
CSLFINANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
CSL Finance Limited has notified that its 33rd AGM will be held on Saturday, September 20, 2025, at 12:30 PM via Video Conferencing. The record date for dividend entitlement is September 13, 2025, and the register of members will be closed from September 14 to September 20, 2025. The Board has recommended a final dividend of ₹3.00 per equity share (30%) on the face value of ₹10 for FY 2024-25, payable on or before October 20, 2025, subject to shareholder approval. Key business items include the adoption of audited financial statements, appointment of S.R. Dinodia & Co. LLP as Statutory Auditors for 3 years (fee of ₹15.75 lakhs), appointment of Ms. Jasvinder Kaur as Secretarial Auditors for 5 years, re-appointment of two Independent Directors and a Whole-time Director, and a change in designation of Mr. Ashok Kumar Kathuria from Non-Executive to Executive Director. The notice also seeks approval to increase authorized share capital from ₹23 crore to ₹27 crore, introduce the CSL Employee Stock Option Scheme 2025 covering up to 22,78,262 options through a trust route, and approve a material related party transaction of up to ₹250 crore with CSL Capital Private Limited for FY 2025-26.
The proposed ₹3.00 dividend offers a return to shareholders and signals profitability for FY 2024-25. The ESOP scheme, capital expansion, and large related-party transaction with CSL Capital (a related entity via Managing Director Rohit Gupta) could lead to equity dilution and warrant close attention from investors for governance and related-party implications.