Hikal Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 23, 2025
HIKAL · price
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Hikal Limited has informed the exchanges that its 37th Annual General Meeting will be held on Tuesday, September 23, 2025 at 11:30 AM (IST) through video conferencing. The company has fixed Tuesday, September 2, 2025 as the record date for determining member eligibility for the final dividend. The Board has recommended a final dividend of ₹0.80 per equity share (40% of face value of ₹2), which together with the interim dividend of ₹0.60 already paid takes the total dividend for FY2024-25 to ₹1.40 per share (70%). The AGM will also consider the re-appointment of Mr. Amit Kalyani (Non-Executive, Non-Independent Director) who retires by rotation, the appointment of M/s Dhrumil M. Shah & Co. LLP as Secretarial Auditor for five years (FY2025-26 to FY2029-30), and ratification of the remuneration of M/s V. J. Talati & Co. as Cost Auditors at ₹4,75,000 for FY2025-26. The register of members and share transfer books will remain closed from September 17, 2025 to September 23, 2025 (both days inclusive).
This is a routine AGM notice with no surprises, but the ₹1.40 per share total dividend for FY25 (a 70% payout on face value) is a positive signal for income-seeking shareholders. The re-appointment of an existing director and standard auditor appointments are procedural and unlikely to move the stock.