KEI Industries Limited has informed the Exchange regarding Notice of 33rd Annual General Meeting will be held on Wednesday, July 30, 2025 at 03:30 p.m. (IST) through Video Conferencing / Other Audio Visual means (VC/OAVM).
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KEI Industries has notified the stock exchanges about its 33rd Annual General Meeting scheduled for Wednesday, July 30, 2025, at 3:30 PM IST via video conferencing. The meeting agenda includes adopting audited financial statements for FY 2024-25, confirming an interim dividend of ₹4.00 per share as the final dividend, and re-appointing director Mr. Akshit Diviaj Gupta who retires by rotation. Special business items include ratifying the remuneration of ₹5,00,000 for Cost Auditors M/s S. Chander & Associates for FY 2025-26, appointing M/s S K Batra & Associates as Secretarial Auditors for a 5-year term at ₹5,25,000 for FY 2025-26, and approving a salary hike for Ms. Vedika Gupta (related party, daughter-in-law of CMD) raising her monthly pay cap from ₹5,00,000 to ₹10,00,000 with 15-17% annual increments effective April 2026 to March 2031. Remote e-voting opens on July 27, 2025, and closes on July 29, 2025, with the cut-off date for voting eligibility set as July 23, 2025.
The AGM is a routine procedural event with no major business surprises, though shareholders will vote on a notable increase in remuneration for a related-party family member. The confirmation of the ₹4 dividend and standard auditor appointments are largely formalities, and the market is unlikely to react significantly unless shareholders push back on the related-party remuneration resolution.