Kotyark Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2025
KOTYARK · price
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Kotyark Industries Limited held its 9th AGM on September 29, 2025 via video conferencing. The Chairman acknowledged a decline in profits for FY 2024-25 but highlighted OMC orders received in Q1 and Q2 of FY 2025-26. The company announced a final dividend of Rs. 1 per equity share (face value Rs. 10) and shared plans for new manufacturing facilities in Jhajjar (Haryana) and Kanpur Dehat (UP), each with 200 KL capacity, plus an acquisition in Odisha to be set up as a subsidiary. The company introduced new bio-diesel blend products (DIPAM, DIPOSAV, DHUPAM), reported earning 57,874 carbon credits under the Global Verra Registry, and shared R&D progress on B20/B30 grade bio-diesel (with ARAI draft certification) and Sustainable Aviation Fuel (SAF). The Chairman also clarified the status of an investigation related to a surprise visit by the Agriculture Minister of Rajasthan and the status of Main Board Migration of shares. Shareholders approved 13 resolutions, including re-appointments of directors and alteration of Articles of Association.
Positive signals from expansion plans, new product launches, and carbon credit earnings, though the acknowledged profit decline in FY 2024-25 and pending investigation outcome may weigh on sentiment. The Rs. 1 per share dividend provides modest shareholder return, and resolution of the Rajasthan investigation and Main Board migration could be near-term catalysts to watch.