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The Board of Directors of Mach Conferences & Events Limited held a meeting on August 18, 2025, and approved several key items. The 21st Annual General Meeting (AGM) has been scheduled for Friday, September 12, 2025, with Friday, September 5, 2025, fixed as both the record date for dividend eligibility and the cut-off date for e-voting. The Board recommended a final dividend of ₹1.00 per equity share (face value ₹10) for FY 2024-25, subject to shareholder approval. The Board also approved the re-appointment of statutory auditor M/s. Gulati Sandeep & Co. for a second term of five years (till the 26th AGM in 2030), the appointment of M/s. Dhirender Tripathi & Associates as Secretarial Auditor for FY 2025-26, and the re-appointment of Mrs. Laveena Bhatia as Whole-Time Director, who retires by rotation. Additionally, the Board approved the Directors' Report and is seeking shareholder approval for the Mach Conferences Employee Stock Option Plan (ESOP) for eligible employees.
For shareholders, the ₹1.00 dividend represents a 10% payout on face value, and those on the register as of September 5, 2025, will be eligible. The auditor re-appointment and director re-appointment are routine governance items requiring shareholder nod at the upcoming AGM. The proposed ESOP could lead to equity dilution in the future if approved and exercised.