INVPRECQ · price
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Investment & Precision Castings Ltd (IPCL) held its 50th AGM on September 18, 2025 at Hotel Sarovar Portico, Bhavnagar, chaired by Mr. Piyush Tamboli. Shareholders transacted ordinary business including adoption of audited financial statements (standalone and consolidated) for FY 2024-25, declaration of a 50% dividend (Rs. 0.5 per share), re-appointment of Smt. Vishakha P. Tamboli as Director, appointment of Secretarial Auditor, ratification of Cost Auditor remuneration, and approval to increase overall managerial remuneration. E-voting participation stood at 53.92%, and combined e-voting and poll results were to be published on the company's website by September 20, 2025. Chairman Piyush Tamboli shared the company's future growth plans, while Whole Time Director & CFO Jainam P. Tamboli highlighted financial performance and development of IPCL's aerospace and defence division.
The AGM signals stable governance continuity with a modest dividend (Rs. 0.5/share) and management's focus on expanding into high-value aerospace and defence segments, which could be a positive growth catalyst for shareholders.