Jullundur Motor Agency (Delhi) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 28, 2025
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Jullundur Motor Agency (Delhi) Limited has notified the exchange about its 76th Annual General Meeting scheduled for Thursday, August 28, 2025, at 11:00 AM, to be held through Video Conferencing. The Board has recommended a final dividend of ₹2.00 per equity share (face value ₹2) for FY2024-25, which is a 100% payout subject to shareholder approval. The cut-off date to determine dividend entitlement is August 21, 2025, and the book closure period runs from August 22 to August 28, 2025. Remote e-voting will be open from August 25 to August 27, 2025, with NSDL as the e-voting platform. The AGM agenda includes adoption of standalone and consolidated financial statements, re-appointment of two directors retiring by rotation, continuation and remuneration revision for Smt Aditi Arora Malik as President (related party), and appointment of M/s Vijay K. Singhal & Associates as Secretarial Auditors for five years (FY2025-26 to FY2029-30).
This is a routine AGM notice with no major surprise. The 100% dividend (₹2 on ₹2 face value) signals stable profitability and consistent shareholder returns. Investors holding shares as of the cut-off date of August 21, 2025 will be eligible for the dividend, which is to be paid within 30 days of the AGM. Stock price impact is expected to be limited as the announcement is procedural.