Notice of 73rd Annual General Meeting to be held on August 12, 2025.
FERMENTA · price
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Fermenta Biotech Limited has issued the notice for its 73rd AGM on August 12, 2025 at 3:00 PM (via video conferencing). Shareholders will consider adopting FY25 audited standalone and consolidated financial statements, and approve a dividend of ₹2.50 per equity share (50% on face value of ₹5) for FY 2024-25. Two Executive Directors — Mr. Satish Varma and Ms. Anupama Datla Desai — are proposed for re-appointment for three years from September 27, 2025, subject to shareholder approval via special resolutions. The company is also seeking approval for a new ESOP 2025 scheme covering up to 5,00,000 stock options to be sourced via secondary acquisition through an irrevocable ESOP trust, along with related proposals to fund the trust and extend options to subsidiary employees. Other items include ratification of the cost auditor's fee (₹2.75 lakhs for FY26), appointment of Mr. Vinayak Deodhar as secretarial auditor for five years, approval of material related-party transactions with Fermenta USA LLC up to ₹100 crores, and commission of up to 1% of net profits for non-executive directors for FY25.
The ₹2.50 dividend confirms a healthy cash return for shareholders, while the ESOP 2025 scheme is designed to be non-dilutive since shares will be bought from the market through a trust. Re-appointments of both executive directors and the related-party transaction limit with the US subsidiary are routine but require shareholder votes; outcomes could affect stock sentiment around the AGM date.