Intellect Design Arena Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 25, 2025
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Intellect Design Arena has notified the stock exchanges about its 14th AGM scheduled for Friday, July 25, 2025 at 2:00 PM via video conferencing. Key items on the agenda include adopting the FY25 audited financial statements and declaring a final dividend of Rs. 4 per share plus a special dividend of Rs. 3 per share (total Rs. 7 per share) on equity shares of Rs. 5 face value. The record date for dividend eligibility is July 18, 2025, and payment will be made within 30 days of the AGM. The meeting will also consider re-appointing Mr. Anil Kumar Verma (non-executive director, retiring by rotation) and re-appointing Mr. Arun Jain as Managing Director for another 5-year term (August 21, 2025 to August 20, 2030). Additionally, M/s B Ravi and Associates will be appointed as Secretarial Auditors for 5 years at Rs. 12 lakh per annum, and shareholders will vote on commission of up to 1% of net profits (capped at Rs. 24 lakh per year) for non-executive directors.
The combined dividend of Rs. 7 per share is a meaningful payout for shareholders and typically draws buying interest ahead of the ex-date. Re-appointment of founder MD Arun Jain provides leadership continuity, which is generally viewed positively. Investors should ensure their shares are held by the July 18, 2025 record date to qualify for the dividend, and update KYC/bank details for electronic payment.