KITEXNSEKitex Garments Limited· Textile ProductsMinimalNeutral
Announced Thu, 21 Aug · 19:27 IST

Kitex Garments Limited has informed the Exchange about Copy of Newspaper Publication of 33rd Annual General Meeting of the Company

KITEX · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kitex Garments Limited has published a newspaper notice informing shareholders about its 33rd Annual General Meeting (AGM) scheduled for Wednesday, September 17, 2025, at 11:00 AM (IST) via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The notice was published on August 21, 2025 in The Hindu Business Line (English) and Chandrika (Malayalam, Kochi edition). The Board has recommended a Final Dividend of ₹0.50 per equity share (50%) on the face value of ₹1 each for FY 2024-25, subject to shareholder approval. The record date is September 10, 2025, and e-voting will be open from September 14 to September 16, 2025. Shareholders are requested to update their KYC, bank details, and PAN to ensure timely receipt of dividends and to avoid higher Tax Deduction at Source (TDS).

Likely market impact

This is a routine regulatory filing confirming the AGM schedule and a 50% final dividend for FY24-25, which is positive for income-seeking shareholders. No material surprise or strategic change is indicated, so the stock impact is likely to be neutral to mildly positive on the dividend confirmation.