Kitex Garments AGM results: all 10 resolutions passed; Re 0.50 dividend approved
KITEX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.2 pts less than its Garments & Apparels peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kitex Garments held its 34th AGM on September 25, 2026. All 10 resolutions passed, including adoption of audited financials, final dividend of Re 0.50 per equity share (face value Re 1) for FY 2025-26, appointment of Independent Director Mr. Bijoy Philipose, and approval to raise capital via Qualified Institutions Placement. Five material related party transactions were also approved. Overall, resolutions passed with 94 to 100 percent majority.
Final dividend of Re 0.50 per share confirmed. QIP approval enables future capital raising. RPTs cleared, though some saw notable dissent from public non-institutions.