Himadri Speciality Chemical Limited has informed the Exchange regarding Annual Report for financial year 2024-25 and Notice of Annual General Meeting to be held on Jun 12, 2025
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Himadri Speciality Chemical has sent out the notice for its 37th AGM, scheduled for Thursday, June 12, 2025 at 11:00 AM IST, to be held via video conferencing. The Board has proposed a final dividend of ₹0.60 (60%) per equity share of face value ₹1 for FY 2024-25, with the record date set as May 23, 2025. Shareholders will also vote on re-appointing Mr. Shyam Sundar Choudhary (age 77) as Whole-time Director for 3 years, appointing Mr. Amitabh Srivastava as an Independent Director for 5 years, and appointing M/s LABH & LABH Associates as Secretarial Auditor for 5 years (FY26–FY30). A special resolution seeks approval to grant inter-corporate loans or guarantees of up to ₹725 Crores to four entities in which directors are interested, including Himadri Birla Tyre Manufacturer (₹250 Cr) and Sturdy Niketan (₹300 Cr). The annual report for FY 2024-25 is being sent electronically to members.
Eligible shareholders on the record date of May 23, 2025 will receive the ₹0.60 dividend (subject to TDS). Investors should review the resolutions on related-party loans of ₹725 Crores and the re-appointment of the 77-year-old Whole-time Director before voting at the AGM.