Intimation under Regulation 30 and 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Notice of the 11th Annual General Meeting and Integrated Annual ....
Awaiting price reaction for this filing.
Crompton Greaves Consumer Electricals has notified the 11th Annual General Meeting scheduled for Friday, August 8, 2025, at 11:00 a.m. IST, to be held via video conferencing. Key items on the agenda include adoption of audited standalone and consolidated financial statements for FY 2024-25, declaration of a dividend of Rs. 3 per equity share (face value Rs. 2), and re-appointment of Mr. Promeet Ghosh as a Director liable to retire by rotation. The Board has also proposed ratification of cost auditor remuneration of Rs. 6.5 lakh for Ashwin Solanki & Associates and appointment of Parikh & Associates as Secretarial Auditors for a 5-year term starting April 1, 2025, at Rs. 2 lakh annually. The record date for dividend eligibility is July 24, 2025, with remote e-voting open from August 4 to August 7, 2025. The Integrated Annual Report, including the Business Responsibility and Sustainability Report (BRSR), has been sent electronically to members.
The Rs. 3 dividend reaffirms shareholder returns, while the AGM agenda is largely routine — approval of financial statements, dividend declaration, auditor appointments, and a director re-appointment. No material strategic changes are proposed, so the stock is unlikely to see significant movement solely on this filing, though the dividend record date (July 24) is a near-term reference point for investors.