Kokuyo Camlin Limited has informed the Exchange regarding outcome of the Board meeting held on May 28, 2025.
KOKUYOCMLN · price
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On the reaction day the stock moved 2.5 pts less than Nifty Microcap 250 and 2.2 pts less than its Stationary peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kokuyo Camlin's Board met on May 28, 2025 and decided not to recommend any dividend on equity shares for FY2024-25, which may disappoint income-focused investors. The 78th Annual General Meeting has been scheduled for August 8, 2025, with the shareholder register closed from August 2 to August 8. The company appointed PricewaterhouseCoopers Services LLP (PwC) as its Internal Auditors for FY2025-26 and FY2026-27, and JHR & Associates as Secretarial Auditors for a five-year term from FY2025-26 to FY2029-30, subject to shareholder approval. The PwC appointment signals a move towards a more recognised audit brand for internal controls.
No dividend declaration for FY25 is a mild negative for investors seeking regular income from this stock. The appointment of a top-tier firm like PwC as internal auditor is a neutral-to-positive governance signal, reinforcing internal control standards.