JK Cement Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on July 18, 2025
JKCEMENT · price
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JK Cement has notified the exchanges that its 31st Annual General Meeting will be held on Friday, July 18, 2025 at 11:00 AM IST via video conferencing. The board has proposed a final dividend of ₹15 per equity share (150% on face value) for FY 2024-25, compared to ₹20 in the previous year which included a ₹5 special dividend. Key agenda items include adoption of audited FY25 financial statements, re-appointment of 76-year-old non-executive director Mr. Paul Heinz Hugentobler, appointment of Sanjay Grover & Associates as secretarial auditor for a 5-year term (remuneration of ₹3.5 lakh for FY26), and ratification of cost auditor M/s K.G. Goyal & Company's remuneration at ₹10 lakh (up from ₹9.3 lakh last year). The record date for dividend entitlement is July 8, 2025, while the e-voting cut-off date is July 11, 2025. The Integrated Annual Report has been dispatched electronically to all shareholders whose email IDs are registered.
The regular final dividend of ₹15 is 25% lower than last year's ₹20 payout, but last year included a one-time ₹5 special dividend, so the core dividend has actually grown from ₹15 to ₹15 (flat) on a like-for-like basis. The stock may see limited direct impact from the AGM notice itself; investor focus will shift to the FY25 financial performance and management commentary at the meeting. Shareholders on record by July 8, 2025 will be eligible for the declared dividend.