Notice of the 65th Annual General Meeting of the Company to be held on Wednesday, August 6, 2025, at 4:00 pm at Rama Watumull Auditorium, Kishinchand Chellaram College, Dinshaw Wacha Road, ....
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Hawkins Cookers has called its 65th AGM on August 6, 2025, at 4:00 pm at a Churchgate, Mumbai auditorium. Shareholders will consider adopting FY25 audited financials, declaring a dividend of Rs.130 per share (face value Rs.10), and re-appointing Mr. Sudeep Yadav as a Director retiring by rotation. Special business includes re-appointing Mr. Subhadip Dutta Choudhury as Chairman & MD/CEO (salary Rs.8 lakh/month, 3.5% net profit commission) and Mr. Sudeep Yadav as Vice-Chairman & CFO (salary Rs.7 lakh/month, 2.5% commission), both for three years from October 1, 2025 to September 30, 2028. Other items seek shareholder approval to pay up to 1% of net profits as commission to Non-Wholetime Directors for five years (FY26–FY30), appoint M/s. Jayshree Dagli & Associates as Secretarial Auditors for five years (Rs.2.25 lakhs proposed for FY26), and renew the Board's authority to accept fixed deposits from members and the public. Remote e-voting runs from August 3 to August 5, 2025, with the cut-off date set at July 30, 2025.
The Rs.130 per share dividend (a 130% payout on face value) is a positive cash return for shareholders and signals strong profitability. The re-appointments of the top two executives and renewal of the fixed deposit and non-executive director commission frameworks are largely procedural and maintain management continuity, with no dilution or fundraising involved.