KRBL Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2025
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KRBL Limited has called its 32nd Annual General Meeting (AGM) for Wednesday, September 24, 2025, at 12:00 Noon (IST) to be held through video conferencing. Ordinary business includes adopting the FY2024-25 audited financial statements and declaring a final dividend of ₹3.50 per equity share (face value ₹1) on 22,88,89,892 shares. Special business items include re-appointment of Mr. Arun Kumar Gupta, ratification of cost auditor remuneration of ₹75,000, appointment of Mr. Desh Raj Dogra as an Independent Director for 5 years, and appointment of M/s. DMK Associates as Secretarial Auditors for FY2025-26 to FY2029-30. A major resolution seeks shareholder approval to alter the Memorandum of Association to add real estate development, REITs/INVITs, facility management, and other property-related businesses to the company's main objects, representing a significant diversification from its core rice business. Remote e-voting runs from September 21 to September 23, 2025, with the record/cut-off date set as September 17, 2025.
The proposed MOA amendment to enter real estate development is a material strategic shift away from KRBL's traditional basmati rice operations and could change the company's long-term business profile if approved by shareholders. The ₹3.50 final dividend (subject to approval) provides shareholder returns, while investors should closely evaluate the scope of the new object clauses and the management's capital allocation plans following this diversification move.