Divgi Torqtransfer Systems Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 16, 2025
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Divgi TorqTransfer Systems has notified the stock exchanges about its 60th AGM scheduled for Tuesday, September 16, 2025, at 2:30 PM, to be held via Video Conferencing (VC)/OAVM. The agenda includes adoption of audited financial statements for FY25, declaration of a final dividend of ₹2.60 per equity share (on face value of ₹5) for FY 2024-25, and re-appointment of two directors — Mr. Jitendra Bhaskar Divgi and Mr. Hirendra Bhaskar Divgi — who retire by rotation. Additionally, shareholders will consider appointing M/s. KANJ & Co. LLP as the Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30) at a fee of ₹3 lakh for the first year. The record date for the dividend and the cut-off date for e-voting is Monday, September 8, 2025, with remote e-voting open from September 13 to September 15, 2025.
This is a routine AGM notice, but the proposed ₹2.60 dividend (52% on face value) signals continued profitability and shareholder returns. Shareholders should ensure holdings are in demat form and PAN/KYC is updated to receive the dividend, with the record date being September 8, 2025.