India Pesticides Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 19, 2025
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India Pesticides Limited has notified the 40th AGM to be held on Tuesday, August 19, 2025 at 12:30 PM through video conferencing. Key business items include adoption of audited standalone and consolidated financial statements for FY 2024-25, declaration of a final dividend of ₹0.75 per equity share (face value ₹1) for FY25, and re-appointment of two non-executive directors — Vishal Swarup Agarwal and Vishwas Swarup Agarwal — who retire by rotation. The notice also seeks shareholder approval to appoint M/s Suresh Surana & Associates, LLP as the new statutory auditor for a 5-year term (FY 2025-26 to FY 2029-30). Additional special business includes regularising Dr. Udaya Bhaskar Mantripragada as a Whole-time Director for 5 years effective July 23, 2025, approving a 10% hike in remuneration of existing Whole-time Director Dr. Kuruba Adeppa (current pay ₹27 LPA), ratifying the cost auditor's remuneration of ₹2.25 lakh for FY26, and appointing M/s GSK & Associates as Secretarial Auditors for 5 years. The record date/cut-off is August 12, 2025, and remote e-voting runs from August 16-18, 2025.
Routine AGM notice but contains several shareholder-actionable items: the final dividend, director appointments/re-appointments, a 10% salary hike for the Whole-time Director, and a new statutory auditor appointment all need member approval. Investors should watch the final dividend quantum (₹0.75 per share on ₹1 face value) as it signals capital return; the stock may see mild activity around the record date of August 12, 2025.