Board has approved date of AGM-25.08.2025. Appointment / recommendation of Directors. Change in Directorate. appointment of cost auditor, internal auditor, recommendation of appointment ....
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The Board has fixed the 44th AGM for August 25, 2025, with the record date for e-voting and dividend eligibility set as August 18, 2025; the dividend stands at Rs. 4 (40%) per share on a Rs. 10 face value, subject to shareholder approval. Two new directors have been appointed: Sri. Sudesh Koti Reddy as an Additional Non-executive Independent Director (5-year term) and Sri. Vedhanth Senthilkumar as an Additional Non-executive Non-Independent Director, the latter being related to the company's Chairperson and Managing Director Smt. Nethra J.S. Kumar and Director Sri. D. Senthilkumar. Independent Director Sri. Arjun Balu has been recommended for a second 5-year term from May 28, 2026, while Non-executive Non-Independent Director Sri. Sanjay Jayavarthanavelu will retire at the upcoming AGM and is not seeking re-appointment, with the Board choosing not to fill the vacancy. Cost Auditor S. Subbaraman & Associates and Internal Auditor V.C. Tirupathi have been re-appointed for FY 2025-26, and MOS & Associates LLP has been recommended as Secretarial Auditor for a 5-year term starting FY 2025-26.
Routine AGM housekeeping with confirmed dividend and no surprises on the director front, though the addition of a promoter-family member to the board and the unfilled vacancy from the retiring director are worth noting. The re-appointments of existing auditors suggest continuity in governance; no material price-moving event for shareholders.