Heranba Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2025
HERANBA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Heranba Industries has notified the exchanges about its 33rd AGM scheduled for Wednesday, September 24, 2025, at 3:00 PM via Video Conferencing (VC)/OAVM. Shareholders will consider adoption of audited standalone and consolidated financial statements for FY2024-25, confirm a final dividend of ₹1 per equity share (10% on face value of ₹10), and re-appoint two Executive Directors — Raunak R Shetty and Shriraj S Shetty — who retire by rotation. Special business includes ratifying the ₹2 lakh remuneration of Cost Auditors Tapan Gaitonde & Co. for FY2025-26, appointing GMJ & Associates as Secretarial Auditors for a 5-year term (FY2025-26 to FY2029-30), and seeking shareholder approval for borrowing/investment limits of up to ₹1,000 Crores each under Sections 185 and 186, plus material related party transactions. The record date is September 17, 2025, and remote e-voting runs from September 20-23, 2025.
The final dividend of ₹1 per share is a routine but positive cash return to shareholders. The ₹1,000 Crore limits for loans/investments and related party transactions give the board broad financial flexibility, which shareholders should review closely as such authorizations can be used for inter-company funding or acquisitions. Re-appointment of both executive directors from the promoter Shetty family indicates continuity in management.