Notice of the 40th Annual General Meeting (AGM) to be held on Thursday, August 14, 2025 at 2.00 PM IST through Video Conferencing/ Other Audio-Visual Means.
DISAQ · price
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DISA India Limited has issued the notice for its 40th AGM scheduled for Thursday, August 14, 2025 at 2:00 PM IST, to be held entirely through video conferencing using the CDSL platform. Shareholders will consider and adopt the audited financial statements for FY ended March 31, 2025, and approve a total dividend of Rs. 200 per share (Rs. 100 interim already paid + Rs. 100 final proposed) on equity shares of Rs. 10 each, amounting to a 2000% payout for FY25. Other items include the re-appointment of Mr. Anders Wilhjelm (Non-Executive Director, President & CEO of parent Norican Group) who retires by rotation, appointment of GDR & Partners LLP as Secretarial Auditors for a 5-year term, and ratification of Cost Auditor remuneration of Rs. 1.80 lakh plus taxes. Shareholders are also being asked to approve material related party transactions of up to Rs. 1,200 crore with DISA Industries A/S, Denmark for FY 2025-26, to be entered into at arm's length.
The record date for dividend eligibility and e-voting is August 7, 2025, with dividend payment scheduled on or before September 12, 2025. The robust 2000% total dividend is a strong positive for shareholders, while the large Rs. 1,200 crore related party transaction limit with the Danish parent is a key item warranting shareholder attention given its scale relative to the company.