Notice of Sixty-Second (62nd) Annual General Meeting (''AGM'') along with Annual Report for the Financial Year 2024-25.
ELPROINTL · price
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Elpro International Ltd has filed the notice for its 62nd AGM, scheduled for Tuesday, September 30, 2025 at 09:00 a.m. (IST) at Prince Hall, National Sports Club of India, Worli, Mumbai. Ordinary business includes adoption of audited standalone and consolidated financial statements for FY ended March 31, 2025, and re-appointment of Mr. Surbhit Dabriwala, who retires by rotation. Special business seeks shareholder approval (via Special Resolution) to re-appoint Mr. Deepak Kumar as Chairman and Managing Director for a further 3-year term from November 12, 2025 to November 11, 2028, with a basic salary of Rs. 35.40 lakh per annum, plus perquisites. It also seeks approval to appoint M/s. Jayshree A. Lalpuria & Co. as Secretarial Auditors for 5 consecutive years (from 62nd to 67th AGM), at a fee of Rs. 4 lakh plus taxes. An interim dividend of Re. 0.70 per share (70% on Re. 1 face value) was already paid in November 2024; no final dividend has been recommended for FY25.
This is a procedural AGM notice, but shareholders should note the MD re-appointment extending leadership continuity through November 2028 and the new secretarial auditor appointment. Remote e-voting runs September 27-29, 2025, with September 23 as the cut-off date for voting eligibility.