Deepak Nitrite Limited has informed the Exchange about General Updates- 54th AGM Proceeding
DEEPAKNTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Deepak Nitrite Limited held its 54th AGM on 14th August 2025 via video conferencing, from 11:30 AM to 1:07 PM, with 44 members in attendance. Chairman Deepak C. Mehta chaired the meeting, and all directors were present (two joined remotely). Shareholders approved the audited standalone and consolidated financial statements for FY ended March 31, 2025, and declared a dividend of ₹7.50 per equity share (375% on face value of ₹2.00). The meeting also saw the re-appointment of Mautik Mehta and Sanjay Upadhyay as directors (retiring by rotation), ratification of cost auditors' remuneration for FY25-26, and the appointment of KANJ & Co. LLP as secretarial auditors for five years.
The 375% dividend declaration is a positive signal for income-focused shareholders, reflecting strong FY25 performance. This is a routine AGM filing confirming governance and shareholder approvals, with no material surprises — the stock is unlikely to react sharply to this disclosure.