Appointment of M/s Chandrasekaran Associates, Company Secretaries as Secretarial Auditors of the Company for a term of 5 years commencing from Financial Year 2025-26 till Financial Year 2029-30
GOODYEAR · price
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Goodyear India's board met on May 27, 2025 and approved several items in one go. The board cleared audited financial results for FY ended March 31, 2025 and unaudited results for Q4 FY25, along with a declaration that the audit reports carry an unmodified (clean) opinion. A final dividend of Rs. 23.90 per equity share (on face value of Rs. 10) has been recommended for FY25, subject to shareholder approval. The 44th Annual General Meeting is scheduled for July 25, 2025 via video conferencing, with the record date set as July 18, 2025. The board also appointed M/s Chandrasekaran Associates, a Delhi-based firm of company secretaries with 36+ years of experience, as Secretarial Auditors for a 5-year term covering FY2025-26 to FY2029-30.
Shareholders stand to receive a Rs. 23.90 per share final dividend (about 239% on face value), which is a meaningful return. The clean audit opinion and appointment of an experienced secretarial auditor are routine but positive governance signals, suggesting no major red flags in the FY25 results.