Announced Tue, 19 Aug · 24:16 IST

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Board & Shareholder Meetings View source PDF

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AI summary

Elnet Technologies has informed BSE that its 34th Annual General Meeting will be held on Tuesday, September 9, 2025 at 11:30 AM via Video Conferencing. The Annual Report along with the AGM notice was sent to eligible shareholders by email on August 18, 2025. Shareholders will consider adoption of FY25 financial statements, declaration of a final dividend of Rs. 1.90 per equity share, re-appointment of two directors (Mr. Srivathsa Desikan and Mr. Venkatesan Kumaresan) retiring by rotation, and appointment of M/s. BP & Associates as Secretarial Auditor for five consecutive years (FY 2025-26 to FY 2029-30). The record date is September 1, 2025, and e-voting opens on September 4, 2025. Key financials from the annual report show gross revenue of Rs. 3,325.30 lakhs (slightly down from Rs. 3,442.79 lakhs), profit after tax of Rs. 1,755.22 lakhs (marginally up from Rs. 1,749.17 lakhs), EPS of Rs. 43.88, and net worth of Rs. 15,625.17 lakhs.

Likely market impact

Shareholders on record as of September 1, 2025 will receive a Rs. 1.90 per share final dividend (17% on face value of Rs. 10). The company's strong net worth growth, stable profitability, and near-zero debt (debt-equity 0.03) indicate financial health, though the slight dip in revenue may warrant attention. The AGM provides shareholders a chance to vote on key resolutions through e-voting.