GPT Infraprojects Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 07, 2025
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GPT Infraprojects has notified the exchanges about its 45th Annual General Meeting scheduled for Thursday, August 7, 2025 at 3:00 PM, to be conducted via video conferencing. Shareholders will vote on adopting the FY25 audited financial statements, confirming an already-paid interim dividend of ₹2 (20%) per share, and declaring a final dividend of ₹1 (10%) per share, taking total FY25 dividend to ₹3 per share. Key special business items include revision in remuneration terms for three executive directors — Atul Tantia (CFO), Vaibhav Tantia (COO), and Amrit Jyoti Tantia (Director-Projects) — with monthly basic salary ceilings of ₹28 lakh for the first two and ₹20 lakh for the third, plus PLI up to 30% of salary. Other items seek shareholder approval for a 1% net profit commission (capped at ₹2 crore) for Non-Executive Chairman Dwarika Prasad Tantia, ratification of cost auditor remuneration of ₹40,000, appointment of a new secretarial auditor for 5 years at ₹50,000/year, continuation of an independent director beyond age 75, and appointment of a new independent director (Hari Modi). The record date for dividend eligibility is July 31, 2025, with e-voting open from August 4 (9:00 AM) to August 6 (5:00 PM).
This is a routine AGM notice, but the sharp increase in executive salary ceilings and ₹2 crore promoter-chairman commission may draw investor attention at the EGM. Investors holding shares as of July 31, 2025 will qualify for the ₹1 final dividend on top of the ₹2 interim already paid.