Enclosed herewith Notice of 65th Annual General Meeting and Annual Report for Financial Year 2024-25
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Dai-Ichi Karkaria has sent out the notice for its 65th Annual General Meeting scheduled for Wednesday, August 20, 2025, at 11:30 a.m. via video conferencing, along with the Annual Report for FY 2024-25. The company posted strong consolidated revenue from operations of ₹181.4 crore, up 38% year-on-year, with profit before tax rising to ₹6.9 crore from a marginal profit in the previous year; Q4 alone delivered ₹70 crore in sales, the highest in a single quarter. Shareholders will consider a dividend of ₹3.50 per share (35%), with August 13, 2025 as the record date and payment from August 25, 2025. Other resolutions include re-appointment of Mr. Adi Jehangir by rotation, re-appointment of Mr. Ashok Hiremath as Independent Director for a second 5-year term, appointment of Vinod Kothari & Company as Secretarial Auditor for five years, and approval of material related-party transactions with ChampionX Dai-ichi India (up to ₹50 crore for sale of goods) and Indian Oxides and Chemicals (up to ₹50 crore for purchase of goods).
The strong revenue growth, improved profitability, and proposed 35% dividend are positive signals for shareholders, reflecting a turnaround year. The related-party transaction approvals and board changes are routine governance items and should not materially affect the stock, though shareholders should note the scale of related-party dealings being authorised.