ICEMAKENSEIce Make Refrigeration LimitedLowNeutral
Announced Sat, 27 Sept · 16:00 IST

Ice Make Refrigeration Limited has informed the Exchange about Shareholders meeting

Board & Shareholder Meetings View source PDF

ICEMAKE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ice Make Refrigeration Limited held its 16th Annual General Meeting on September 27, 2025, at Ahmedabad, chaired by Chairman & Managing Director Mr. Chandrakant Patel. The Chairman shared an overview of the industry, the company's performance for FY 2024-25, and the future outlook. Shareholders considered 8 resolutions, including adoption of audited financial statements for FY ended March 31, 2025, declaration of a final dividend of Rs. 2.25 per equity share, and re-appointment of Mr. Rajendrabhai P. Patel as a director. Other items included appointment of Secretarial Auditors for 5 years, ratification of Cost Auditors' remuneration, an increase in authorized share capital, ratification of a Non-Executive Director's continuation, and borrowing/investment authority under Section 186. E-voting and ballot voting were conducted, with the scrutinizer's results to be announced within 2 working days.

Likely market impact

The final dividend of Rs. 2.25 per share is a positive return for shareholders. The proposed increase in authorized share capital could signal plans for future fundraising or expansion, which may dilute existing holdings if new shares are issued later.