Announced Fri, 19 Sept · 17:01 IST

Outcome of the 35th Annual General Meeting held on September 19, 2025 at 11.30 AM.

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

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AI summary

Krishanveer Forge Limited held its 35th Annual General Meeting on September 19, 2025, via video conferencing, which ran from 11:30 AM to 12:28 PM. Five resolutions were passed, including adoption of audited financial statements for FY ending March 31, 2025, declaration of a dividend of Rs. 2.50 per equity share, and re-appointment of Mr. Arun K Jindal (director retiring by rotation). Two special business items were also approved: Material Related Party Transactions and the appointment of M/s. Satish & Satish as Secretarial Auditors. The Statutory Auditor's report had no qualifications, while the Secretarial Auditor's report had some observations that were non-material and addressed in the Board's Report. Five speaker shareholders participated in the Q&A session.

Likely market impact

Shareholders will receive a dividend of Rs. 2.50 per share for FY25, signalling cash returns from the company. The re-appointment of the existing Chairman and routine approval of related party transactions suggest stable governance with no major leadership changes.