DPSC Limited has informed the Exchange regarding 'Record Date of 105th AGM'.
DPSCLTD · price
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India Power Corporation Limited (formerly DPSC Limited) has fixed Friday, 19th September 2025 at 11:30 a.m. (IST) as the date and time for its 105th Annual General Meeting, to be held via Video Conferencing. The record date / cut-off date has been set as Friday, 12th September 2025 to determine shareholder entitlement to the dividend and voting rights. The company has proposed a dividend of ₹0.05 per equity share of ₹1 each (5%) for FY2024-25, payable on or after 23rd September 2025 subject to AGM approval and TDS deduction. Remote e-voting will be open from 16th September (9:00 a.m.) to 18th September (5:00 p.m.). Key business at the AGM includes adoption of audited financial statements, re-appointment of Mr. Somesh Dasgupta as Whole-time Director for 2 years (special resolution), approval of managerial remuneration to Executive and Non-Executive Directors, appointment of M/s MR & Associates as Secretarial Auditor for 5 years, and ratification of Cost Auditor's remuneration of ₹1,25,000.
Shareholders holding shares as of 12th September 2025 will be eligible for the modest 5% dividend and voting rights at the AGM. The re-appointment of the Whole-time Director and approval of managerial remuneration (in excess of statutory limits) are special resolutions requiring enhanced shareholder support. Stock price may see limited reaction given the small dividend quantum.