HEG Limited has informed the Exchange about Outcome of 53rd Annual General Meeting of the Company.
HEG · price
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Awaiting price reaction for this filing.
HEG Limited held its 53rd Annual General Meeting on 20th August 2025 via video conferencing, chaired by Shri Ravi Jhunjhunwala (Chairman, MD & CEO). Seven resolutions were tabled, including adoption of audited financial statements for FY25, declaration of a final dividend of Rs. 1.80 per equity share (face value Rs. 2) for FY2024-25, and re-appointment of Shri Riju Jhunjhunwala and Shri Shekhar Agarwal (both retiring by rotation) as directors. Shareholder approval was also sought to continue Smt. Vinita Singhania as Non-Executive Director beyond age 75, appointment of Secretarial Auditors, and ratification of Cost Auditors' remuneration for FY ending March 2026. All Directors attended except Shri Sandip Somany and Shri Priya Shankar Dasgupta. The meeting concluded at 1:34 PM, and combined e-voting results will be declared within 2 working days.
The Rs. 1.80 final dividend confirms a modest payout for FY25 and may be mildly positive for income-focused investors. Pending voting results on director appointments and the continuation of Smt. Vinita Singhania will be the next catalyst — no material surprise is expected given standard agenda items.