Enclosing herewith the proceedings of the AGM held on 20.09.2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
KSE Limited held its 61st AGM on 20 September 2025, chaired by Mr. Tom Jose, with 99 members and 10 proxy representatives in attendance. The Chairman highlighted a strong turnaround in FY 2024-25, reporting a Profit Before Tax of ₹122.72 Crores and EBITDA of ₹128.26 Crores, despite a slight revenue decline. The Animal Feed division posted 70% profit growth with 19% rise in poultry feed, while Oil Cake Processing achieved over 50% revenue growth and ₹51 Crores in profit, retaining leadership in coconut oil cake. The Dairy division returned to profitability, and the Vesta brand launched India's first coconut-based vegan ice cream. Shareholders approved 12 resolutions, including a final dividend of ₹50 per equity share (800% total payout), reappointment of directors, and a sub-division (stock split) of equity shares.
The 800% dividend payout, strong profit turnaround, and stock split proposal are positive signals for shareholders, potentially boosting liquidity and investor returns. Expansion plans into Tamil Nadu, Karnataka, and Maharashtra along with diversification into renewable energy, AI, and sustainable ventures suggest long-term growth ambition.