Indiamart Intermesh Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 16, 2025
INDIAMART · price
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IndiaMART InterMESH Limited has issued the notice for its 26th Annual General Meeting (AGM) scheduled for Monday, June 16, 2025, at 10:00 a.m. IST, to be held via Video Conferencing/Other Audio Visual Means. The Board has recommended a final dividend of Rs. 30 per equity share and a special dividend of Rs. 20 per equity share, aggregating to a total dividend of Rs. 50 per share for FY 2024-25. Shareholders will vote on six resolutions, including adoption of FY25 audited financial statements, dividend declaration, re-appointment of director Mr. Dhruv Prakash, appointment of M/s RMG & Associates as Secretarial Auditors for a 5-year term, and appointment/re-appointment of two Independent Directors. Remote e-voting will be open from June 11 to June 15, 2025, with the record date for dividend eligibility set as June 6, 2025. The Integrated Annual Report for FY 2024-25, including the Business Responsibility and Sustainability Report, has been dispatched electronically to all members.
The combined Rs. 50 per share dividend reflects strong cash generation and a positive return for shareholders, likely to be viewed favorably by the market. The AGM is a routine annual compliance event, and the resolutions are largely standard, though the special dividend component adds a bonus element to the regular payout.