Kronox Lab Sciences Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 18, 2025
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Kronox Lab Sciences has filed the notice for its 16th Annual General Meeting scheduled for August 18, 2025 at 11:00 AM via video conferencing. Key items on the agenda include adoption of FY25 audited financial statements, declaration of a final dividend of Rs. 0.50 per equity share, ratification of Cost Auditor remuneration (Rs. 90,000), and appointment of M/s. Devesh Pathak & Associates as Secretarial Auditor for five years (FY26–FY30). Shareholders will also vote on the re-appointment of all three promoter directors — Mr. Jogindersingh Jaswal (CMD), Mr. Ketan Ramani, and Mr. Pritesh Ramani (Whole-Time Directors) — for a fresh three-year term from September 1, 2025 to August 31, 2028, with proposed monthly salary up to Rs. 20 lakh each plus commission. The annual report highlights FY25 revenue of Rs. 100.19 crore (crossing the Rs. 100 crore milestone for the first time), PAT of Rs. 25.47 crore, EBITDA margin of 33.06%, and ROCE of 38.87%. This is the company's first AGM since listing on NSE and BSE in June 2024.
Routine AGM notice, but the modest Rs. 0.50 dividend and re-appointment of all three promoter executive directors with potentially high remuneration (subject to shareholder approval via special resolution) may draw investor attention. Strong FY25 financials and the first full-year results post-listing are positive indicators, though the dividend yield appears low relative to profits.