JK Tyre & Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 07, 2025
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JK Tyre & Industries has issued the notice for its 72nd AGM, scheduled for Thursday, 7th August 2025 at 3:00 PM IST at the registered office in Kankroli, Rajasthan. Shareholders will consider adopting the FY25 audited financial statements (standalone sales/other income of Rs 10,244.66 crore and PBT of Rs 529.11 crore) and declare a dividend of Rs 3 per equity share of Rs 2 face value (150%). The AGM will also seek approval to reappoint Dr. Arun Kumar Bajoria (rotational retirement) and Shri Anshuman Singhania as Managing Director for a fresh 5-year term from 21st October 2025, appoint M/s Lodha & Co LLP as new statutory auditors (replacing S S Kothari Mehta & Co LLP) for a 5-year term till the 2030 AGM at Rs 40 lakh per annum, and appoint M/s Ronak Jhuthawat & Co. as secretarial auditor for FY26–FY30 at Rs 1 lakh per annum. The record date for dividend eligibility is 31st July 2025, with the register of members and share transfer books closed from 1st to 7th August 2025. A special resolution also seeks approval for remuneration payable to non-executive director Shri Bharat Hari Singhania potentially exceeding 50% of total non-executive director pay for FY26.
This is a routine AGM notice but includes material items: a robust 150% dividend payout, leadership continuity via MD reappointment, and an auditor change. Shareholders on the record date of 31st July 2025 are eligible for the dividend, expected to be paid within 30 days of the AGM. The resolutions are largely procedural but signal governance stability and continuity for retail investors to track at the meeting.